MRVL

Fundamental: CEO Murphy (CNBC/Citi TMT week) lifted two-year revenue plan to ~$12B then ~$18B (~$30B combined vs prior ~$23.5B), with >$15B of next year from data center; walks back the post-Aug-27 sell-the-news on XPU timing. Investor Day Oct 6 is the next formal update. Technical: Sep 9 close $235.01 (+4.3%) on ~20M shares after reclaiming the ~$223 100-day EMA zone; day high $241.88 is first resistance, Bollinger mid ~$224.5 / upper ~$251.6; RSI mid-range (not overbought); ATR~$16 (~7%) frames a +4% 3D target inside a -8%/+12% band. Invalidation: daily close back under Sep 9 low $223.60 / 100DMA with expanding volume.