Marvell (Santa Clara, Calif.) said it expects revenue for the third quarter to be between $760 million and $775 million. The company had previously said it expected revenue for the quarter to be between $680 million and $730 million.

The increase in projected revenue is due to broad improvement in demand within multiple end markets, Marvell said.

Marvell said it also anticipates a one-time tax benefit in the third quarter due to the reversal of previously recorded tax reserves as a result of the expiration of the related statute of limitations. Marvell expects the reversal will result in a net tax benefit for the third fiscal quarter of approximately $25 million, or about 5 cents per share in accordance with generally accepted accounting principles.