{"slug":"marvell","name":"Marvell","name_en":"Marvell","ticker":"MRVL","updated_at":"2026-06-20","canonical":"https://valuechain.wiki/marvell","kicker":"커스텀 AI 실리콘 · 광 DSP · 네트워킹","kicker_en":"Custom AI silicon · Optical DSP · Networking","lead":"하이퍼스케일러용 맞춤형 AI 반도체와 데이터센터 광 인터커넥트(DSP)를 만든다. FY2026 매출 $8.195B(데이터센터 >$6B, ~3/4). 아마존 Trainium 설계 파트너이자 MS·구글 고객. 칩은 TSMC(N2·CoWoS)에 위탁, 삼성·SK와 커스텀 HBM 협력, 삼성전기에서 실리콘 커패시터를 매입.","lead_en":"Builds custom AI silicon for hyperscalers and data-center optical interconnect (DSP). FY2026 revenue $8.195B (data center >$6B, ~3/4). A Trainium design partner for Amazon and a supplier to Microsoft and Google. Chips at TSMC (N2/CoWoS); custom HBM work with Samsung/SK; buys silicon capacitors from Samsung Electro-Mechanics.","segments":{"fy":2026,"parts":[{"desc":"커스텀 AI 실리콘(XPU)·광 DSP·스위칭","name":"데이터센터"},{"desc":"캐리어·엔터프라이즈·소비자","name":"기타"}],"total":"FY2026 매출 $8.195B (데이터센터 >$6B, ~3/4)","source":"https://investor.marvell.com/news-events/press-releases/detail/1011/marvell-technology-inc-reports-fourth-quarter-and-fiscal-year-2026-financial-results","concentration":"유통 1곳 37%, 직접고객 1곳 14% (FY2026). 상위 10고객 82%"},"segments_en":{"parts":[{"desc":"Custom AI silicon (XPU), optical DSP, switching","name":"Data Center"},{"desc":"Carrier, enterprise, consumer","name":"Other"}],"total":"FY2026 revenue $8.195B (data center >$6B, ~3/4)","concentration":"One distributor 37%, one direct customer 14% (FY2026). Top 10 customers 82%"},"edges":[{"direction":"revenue","counterparty":"Amazon","counterparty_slug":"amazon","confidence":"high","metric":{"type":"revenue_share","unit":"pct","basis":"Marvell 최대 직접고객(10-K Customer A, 매체상 아마존)","value":14,"period":"FY2026","basis_en":"Marvell's largest direct customer (10-K Customer A; media identifies Amazon)","qualifier":"estimate"},"note":"아마존 Trainium AI칩 설계 파트너. 최대 직접고객(추정).","note_en":"Design partner for Amazon's Trainium AI chip; the largest direct customer (inferred).","sources":[{"stance":"confirms","publisher":"한국경제","publisher_en":"Korea Economic Daily","kind":"news","lang":"ko","published_at":"2026-04-14","url":"https://www.hankyung.com/article/2026041405651","title":"마벨, 하이퍼스케일러 맞춤형 AI 반도체 공급","title_en":"Marvell supplies custom AI silicon to hyperscalers","excerpt":"마벨이 아마존 차세대 AI칩 트레이니엄 설계 파트너 자리를 지킨다.","excerpt_en":"Marvell holds its position as design partner for Amazon's next-gen Trainium AI chip."},{"stance":"mentions","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-03-11","url":"https://www.sec.gov/Archives/edgar/data/1835632/000183563226000011/mrvl-20260131.htm","title":"Marvell Form 10-K (FY2026, 2026-01-31)","title_en":"Marvell Form 10-K (FY2026, 2026-01-31)","excerpt":"Marvell 10-K: 최대 직접고객(Customer A)이 매출의 14%.","excerpt_en":"Marvell 10-K: largest direct customer (Customer A) is 14% of revenue."},{"stance":"confirms","publisher":"마벨 투자자관계","publisher_en":"Marvell Investor Relations","kind":"ir","lang":"en","published_at":"2026-03-04","url":"https://investor.marvell.com/news-events/press-releases/detail/1011/marvell-technology-inc-reports-fourth-quarter-and-fiscal-year-2026-financial-results","title":"마벨 2026 회계연도 4분기·연간 실적","title_en":"Marvell Q4 and full-year FY2026 results","excerpt":"FY2026 데이터센터 매출 >$6B(총 $8.195B의 ~3/4), 커스텀 실리콘 설계수주 사상최대.","excerpt_en":"FY2026 data-center revenue exceeded $6B (~3/4 of $8.195B total), with record custom-silicon design wins."}]},{"direction":"cost","counterparty":"TSMC","counterparty_slug":"tsmc","confidence":"high","metric":{"type":"supply_status","basis":"파운드리(N2)+CoWoS","basis_en":"foundry (N2) + CoWoS","qualifier":"confirmed_no_disclosed_value"},"note":"커스텀 AI칩 파운드리(N2) + CoWoS 패키징.","note_en":"Foundry (N2) and CoWoS packaging for custom AI chips.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-03-11","url":"https://www.sec.gov/Archives/edgar/data/1835632/000183563226000011/mrvl-20260131.htm","title":"Marvell Form 10-K (FY2026, 2026-01-31)","title_en":"Marvell Form 10-K (FY2026, 2026-01-31)","excerpt":"Marvell 10-K: 파운드리·기판 파트너와 예약, CoWoS 등 첨단 패키징 사용.","excerpt_en":"Marvell 10-K: reservation arrangements with foundries and substrate partners, uses advanced packaging like CoWoS."},{"stance":"mentions","publisher":"ZDNet Korea","publisher_en":"ZDNet Korea","kind":"news","lang":"ko","published_at":"2025-06-18","url":"https://zdnet.co.kr/view/?no=20250618153332","title":"美 마벨, 맞춤형 S램 칩 시장 정조준…韓 반도체 업계에 기회","title_en":"Marvell targets the custom SRAM chip market, an opening for Korea","excerpt":"마벨 2나노 공정 커스텀 칩(TSMC).","excerpt_en":"Marvell's custom chips on a 2nm node (TSMC)."}]},{"direction":"revenue","counterparty":"Microsoft","counterparty_slug":"microsoft","confidence":"high","metric":null,"note":"맞춤형 AI 반도체 공급.","note_en":"Supplies custom AI silicon.","sources":[{"stance":"confirms","publisher":"한국경제","publisher_en":"Korea Economic Daily","kind":"news","lang":"ko","published_at":"2026-04-14","url":"https://www.hankyung.com/article/2026041405651","title":"마벨, 하이퍼스케일러 맞춤형 AI 반도체 공급","title_en":"Marvell supplies custom AI silicon to hyperscalers","excerpt":"마벨이 아마존·MS·구글에 맞춤형 고성능 반도체 공급.","excerpt_en":"Marvell supplies custom high-performance silicon to Amazon, Microsoft and Google."}]},{"direction":"cost","counterparty":"SK하이닉스","counterparty_slug":"sk-hynix","confidence":"mid","metric":null,"note":"커스텀 HBM 협력(맞춤형 AI칩 탑재).","note_en":"Custom HBM collaboration (for its custom AI chips).","sources":[{"stance":"confirms","publisher":"한국경제","publisher_en":"Korea Economic Daily","kind":"news","lang":"ko","published_at":"2024-12-11","url":"https://www.hankyung.com/article/202412110524i","title":"美 마벨, 삼성·SK하이닉스와 협력…맞춤형 HBM 탑재","title_en":"Marvell partners with Samsung and SK hynix on custom HBM","excerpt":"마벨이 삼성·SK하이닉스와 협력해 맞춤형 HBM 탑재.","excerpt_en":"Marvell partners with Samsung and SK hynix to integrate custom HBM."}]},{"direction":"cost","counterparty":"삼성전자","counterparty_slug":"samsung-electronics","confidence":"mid","metric":null,"note":"커스텀 HBM 협력.","note_en":"Custom HBM collaboration.","sources":[{"stance":"confirms","publisher":"한국경제","publisher_en":"Korea Economic Daily","kind":"news","lang":"ko","published_at":"2024-12-11","url":"https://www.hankyung.com/article/202412110524i","title":"美 마벨, 삼성·SK하이닉스와 협력…맞춤형 HBM 탑재","title_en":"Marvell partners with Samsung and SK hynix on custom HBM","excerpt":"마벨이 삼성·SK하이닉스와 맞춤형 HBM 협력.","excerpt_en":"Marvell works with Samsung and SK hynix on custom HBM."}]},{"direction":"cost","counterparty":"삼성전기","counterparty_slug":"samsung-electro-mechanics","confidence":"mid","metric":null,"note":"AI 가속기용 실리콘 커패시터 매입.","note_en":"Buys silicon capacitors for AI accelerators.","sources":[{"stance":"confirms","publisher":"전자신문","publisher_en":"ETNews","kind":"news","lang":"ko","published_at":"2025-06-19","url":"https://www.etnews.com/20250619000195","title":"'AI 가속기 뚫었다' 삼성전기, 美 마벨에 실리콘 커패시터 공급","title_en":"Samsung Electro-Mechanics supplies silicon capacitors to Marvell","excerpt":"삼성전기가 마벨에 실리콘 커패시터 공급, 마벨 AI 가속기에 적용.","excerpt_en":"Samsung Electro-Mechanics supplies silicon capacitors to Marvell, used in Marvell's AI accelerators."}]},{"direction":"revenue","counterparty":"Google","counterparty_slug":"alphabet","confidence":"mid","metric":null,"note":"맞춤형 AI 반도체 고객.","note_en":"Custom AI silicon customer.","sources":[{"stance":"mentions","publisher":"한국경제","publisher_en":"Korea Economic Daily","kind":"news","lang":"ko","published_at":"2026-04-14","url":"https://www.hankyung.com/article/2026041405651","title":"마벨, 하이퍼스케일러 맞춤형 AI 반도체 공급","title_en":"Marvell supplies custom AI silicon to hyperscalers","excerpt":"마벨 맞춤형 칩 고객에 구글 포함.","excerpt_en":"Marvell's custom-chip customers include Google."}]}]}