March 5 (Reuters) - Chipmaker Marvell Technology MRVL.O forecast first-quarter revenue above estimates on Wednesday, driven by robust demand for custom chips from businesses aiming to optimize AI workloads.
The company expects first-quarter revenue to be $1.88 billion, compared with analysts' average estimate of $1.87 billion according to data compiled by LSEG.
(Reporting by Priyanka.G in Bengaluru; Editing by Krishna Chandra Eluri)
((Priyanka.G@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.