MRVL：三季度前瞻 -预计季度表现符合预期，数据中心业务推动业绩指引上修

Key stock takeaways: We expect investors to focus on 4Q Datacenter revenue guidance given a steep expected ramp in custom compute and continued 17 November 2025 | 4:03PM EST Equity Research strength in Optics. We believe investor expectations are elevated heading into the print, given management's upbeat intra-quarter commentary on the Datacenter business. We expect Marvell to deliver modest upside to 4Q guidance given the robust AI infrastructure spending environment, positive CapEx revisions at key custom ...