Operator Welcome to Marvell Technology Inc. third quarter of fiscal year 2025 earnings conference call. All participants will be in listen-only mode. [Operator instructions] After today's presentation,

Marvell's strong Q3 results show growth fueled by AI focus and data center revenue, making it a compelling buy for AI exposure.

Marvell Technology reported its third-quarter results after Tuesday's closing bell. Here's a look at the key figures from the quarter.

We recommend a 'Strong Buy' for Marvell Technology due to robust growth in custom silicon solutions and expanded partnership with Amazon AWS. See more on MRVL.

Marvell Technology, Inc. (NASDAQ:MRVL) will release earnings results for the third quarter, after the closing bell, on Tuesday, Dec. 3. Analysts expect the Wilmington, Delaware-based company to report quarterly earnings at 41 cents per share.

Chief Executive Matt Murphy, for his part, said that “the exceptional performance” in the fiscal third quarter and the outlook for the current quarter are mostly thanks to Marvell’s AI silicon programs and “robust ongoing demand” from cloud customers.

Marvell reported strong fiscal third-quarter results with a 6.87% revenue increase, driven by record data center revenue, primarily from custom AI silicon. The company forecasts continued growth in the fourth quarter,

Marvell supplies semiconductors for data centers, carrier infrastructure and cars. It sells specialized processors optimized for tasks such as managing encryption keys. The company also sells other products,