Jim Cramer said Marvell Technology delivered a solid second quarter but warned the stock could surrender part of its 2026 gain after shares fell more than 8% in Friday premarket trading following results that beat Wall Street estimates. Revenue reached $2.74 billion, up 37% year over year and above the $2.72 billion consensus, with data-center sales of $2.17 billion accounting for 79% of the total; adjusted earnings were 94 cents a share and net income rose to $308 million. Management guided to about $3.15 billion for the current quarter, above the $3.04 billion expected, and lifted its fiscal 2028 revenue target to $18 billion from $16.5 billion, while CEO Matt Murphy said custom silicon revenue should more than double next year with upside bias to a $10 billion fiscal 2029 objective. Cramer, citing a pattern also seen in Broadcom and Nvidia, argued investors are rewarding beats less and punishing anything short of perfection; the reaction also sits alongside earlier focus on timing of upside from Marvell’s custom-chip agreement with Alphabet’s Google and a raised fiscal 2027 revenue view near $12 billion.