ARM vs MRVL: AI Stock Comparison

Arm Holdings plc vs Marvell Technology, Inc.: AI exposure, key metrics, next earnings dates, upcoming catalysts and risks — every number linked to its source.

Popular: NVDA VS AMDMSFT VS GOOGLMETA VS AMZNPLTR VS BBAIASTS VS OKLOOKLO VS SMRIREN VS CORZALAB VS CRDOSOUN VS BBAIAVGO VS MRVLCRWV VS NBISAMD VS INTC all matchups →
$MRVL scores higher on AI exposure (4/5 vs 3/5) under our published rubric. The score measures how directly each business is tied to AI, not which stock to buy.
⏱ Next catalyst: Not enough tracked catalysts to compare.
$ARM
Arm Holdings plc
CPU architecture licensor whose designs sit in most AI servers and phones.
$MRVL 🏆
Marvell Technology, Inc.
Custom silicon and optical DSPs for data-center AI.
AI exposure score⚡⚡⚡⚡⚡ 3/5⚡⚡⚡⚡⚡ 4/5
Shares outstanding1.06B
as of 2026-03-31 · 20-F cover page · SEC filing
876.9M
as of 2026-08-21 · 10-Q cover page · SEC filing
CategoryAI chipsAI chips
Key metrics
Revenue (latest quarter) $1.44B
6-K period ended 2026-09-30; +27% y/y · SEC filing
Gross margin 97.1%
Gross profit / revenue, same quarter · SEC filing
Operating income $201.0M
Same quarter; 14% operating margin · SEC filing
Revenue (latest quarter) $2.74B
10-Q period ended 2026-08-01; +37% y/y · SEC filing
Gross margin 53.1%
Gross profit / revenue, same quarter · SEC filing
Operating income $459.7M
Same quarter; 17% operating margin · SEC filing
Next earningsNot yet announced / not on our calendar
Dec 1, 2026 expected
Marvell Technology, Inc. quarterly earnings · source
Next catalystNot yet announced / not on our calendar
Dec 1, 2026 expected
Marvell Technology, Inc. quarterly earnings · source
Upcoming catalystsNone tracked
Dec 1, 2026 expected
Marvell Technology, Inc. quarterly earnings · source
Most recent reported
Nov 4, 2026
Arm Holdings plc reports quarterly results · source
Royalty growth from AI data-center and edge chips. Fiscal Q2 revenue $1.44B (+27% y/y): license and other $773M (+50%), royalties $670M (+8%); data-center royalties doubled y/y.
Nov 2, 2026
Marvell to acquire Lumentum in all-stock deal (~$115B EV) · source
Combines electrical and optical AI connectivity; expected to close 1H 2028 pending approvals.
Key risks
  • “AI and ML are subject to a changing regulatory landscape in multiple jurisdictions in which we operate, and may present certain reputational risks.” — 20-F risk factor (filed 2026-05-26) · source
  • “Our development of production silicon products, such as the Arm AGI CPU, CSS, chiplets, complete chip solutions, and other more integrated compute products may subject us to new or enhanced…” — 20-F risk factor (filed 2026-05-26) · source
  • “Our sales are concentrated in a few large customers. If we lose or experience a significant reduction in sales to any of these key customers, if any of these key customers experience a…” — 10-K risk factor (filed 2026-03-11) · source
  • “Unfavorable or uncertain conditions in the Data Center and Communications markets may cause fluctuations in our rate of revenue growth or financial results.” — 10-K risk factor (filed 2026-03-11) · source
AI angle

Arm earns licenses and royalties on chips using its designs, including hyperscaler server CPUs paired with AI accelerators. It is also moving into making its own silicon products.

Marvell's data-center segment (custom AI accelerators, electro-optics, switching) is its growth engine. The planned Lumentum acquisition, announced Nov 2, 2026, would add lasers and transceivers.

Full analysis: $ARM →Full analysis: $MRVL →

The morning brief

Today's AI-stock catalysts in your inbox before the open. Free, 2-minute read.

Related matchups

AVGO VS MRVLARM VS QCOMAMD VS ARMAMD VS MRVLARM VS AVGOARM VS INTCARM VS NVDAINTC VS MRVLMRVL VS NVDAMRVL VS QCOM

Deep dives: ARM next earnings & catalysts · MRVL next earnings & catalysts · AI earnings this week