On Tuesday, Marvell Technology, Inc. (NASDAQ:MRVL) said it will showcase its latest AI-focused data center connectivity solutions at DesignCon 2026, scheduled for February 24–26 at the Santa Clara Convention Center in California.
The company said "the primary bottleneck in AI data center infrastructure has shifted from compute to connectivity," as operators confront surging demand from increasingly complex AI workloads.
Marvell is advancing interconnect technologies at the package, server, and rack levels to deliver higher bandwidth, improved power efficiency, and scalable performance.
Wall Street Raises AI Data Center Spending Outlook
The push comes as Wall Street raises long-term expectations for AI infrastructure spending.
Bank of America (BofA) sees a $1.4 trillion total addressable market for AI data-center systems by 2030, raising its estimate from $1.2 trillion as cloud spending plans strengthen and supply visibility improves.
The firm expects overall data-center systems revenue to grow 64% in 2026, with AI systems surging 100% as accelerator deployments ramp up.
Most of the projected 2026 growth in high-bandwidth memory (75%) and advanced packaging capacity (70%) was already secured last year, and AI chipmakers are expected to pass higher memory costs to customers to protect margins.
Analyst Commentary
On Marvell, analysts remain constructive. BofA cited growth from the XConn acquisition and strength in Trn3 and 800G/1.6T optical products through fiscal 2027, though visibility into next-gen programs is limited until 2027.
KeyBanc also maintained a bullish stance, pointing to continued hyperscaler-driven data center demand despite tightening memory supply. Analyst John Vinh said outsized data center demand remains a tailwind.
MRVL Price Action: Marvell Technology shares were up 0.54% at $78.81 during premarket trading on Wednesday, according to Benzinga Pro data.
Photo via Shutterstock
