Marvell hires Adobe CFO Dan Durn as Wall Street pivots toward chipmakers

Marvell hires Adobe CFO Dan Durn as Wall Street pivots toward chipmakers

Marvell hired Adobe CFO Dan Durn (June 15, 2026) for semiconductor-SaaS expertise as Wall Street shifts AI capex to hardware. Adobe's 3x AI revenue ($500M+) and 5% decline signal investor conviction that infrastructure profits flow to chipmakers, not SaaS.