Marvell Technology(MRVL) - 2025 FY - Earnings Call Transcript

Financial Data and Key Metrics Changes - Marvell's revenues for the past year were approximately 75% concentrated in the data center end market, primarily with four large US cloud hyperscalers [21] Business Line Data and Key Metrics Changes - The company continues to see growth in its position within large accounts, particularly in the data center segment, indicating a strong trend that is expected to continue into the current year and beyond [21] Market Data and Key Metrics Changes - The company is closely monitoring the dynamic environment regarding tariffs and is prepared to manage and execute around any policies that may be adopted [22] Company Strategy and Development Direction - Marvell's strategy focuses on strengthening its position in the data center market, particularly with major cloud hyperscalers, which is a key area for future growth [21] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the dynamic nature of the tariff environment and emphasizes the company's commitment to adapt to any changes in policy [22] Other Important Information - The stockholder proposal for an independent board chairman was not approved, indicating the board's preference to maintain the current structure [16] Q&A Session All Questions and Answers Question: Who are the three largest customers of Marvell? How will tariffs impact Marvell? - Marvell's revenues were about 75% in the data center end market, with a concentration on four large US cloud hyperscalers, and this trend is expected to continue [21] - The company is monitoring the tariff situation closely and will manage around any adopted policies [22]