March 5 (Reuters) - Chip designer Marvell Technology MRVL.O forecast first-quarter revenue above Wall Street estimates on Thursday, signaling rising demand for custom semiconductors used in data centers to support artificial intelligence applications.

The company expects revenue of around $2.40 billion, plus or minus 5% for first quarter, above analysts' average estimate of $2.27 billion, according to data compiled by LSEG.

(Reporting by Jaspreet Singh in Bengaluru; Editing by Tasim Zahid)

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