Arcuri thinks CXL is becoming a key building block for modern data centers because it lets CPUs and XPUs connect and share memory quickly and with high bandwidth using PCIe. He sees the CXL market getting much bigger as companies use it for more than simple memory expansion. As data centers shift to full rack-wide and multi‑rack CXL setups, he expects the market for CXL‑related ASICs to grow to $7 billion-$10 billion by 2030.
It is worth noting that Arcuri ranks 2nd out of more than 12,300 analysts tracked by TipRanks. He has a success rate of 80%, with an average return per rating of 61.7% over a one-year timeframe.
Why MRVL Stands Out
Arcuri noted Marvell holds the leading market share in CXL products right now and is set to gain the most as the next wave of CXL adoption kicks in. He expects:
About $1 billion in CXL revenue in 2027, mainly from XPU‑attach designs at big U.S. cloud players.
