Marvell Reports Thursday. Here's Where the Google Contract Would Actually Show Up in the Numbers.
The stock has soared since a custom chip agreement with a giant customer came to light. The place that deal shows up this week isn't where most investors will look.
Marvell Technology (NASDAQ:MRVL) is set to report its fiscal second-quarter 2027 results on Thursday, Aug. 27, with a conference call scheduled for 4:45 p.m. ET. The company's stock is currently trading near $243, close to a four-fold increase from its 52-week low of $61.44. Recently, Marvell disclosed an expanded custom chip agreement with Google, Alphabet's search giant, as well as a warrant that could potentially grant Google stock equal to about 7% of the company.
While investors may be looking for this agreement in Thursday's numbers, Marvell's own filing clarifies where it will appear.
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