Marvell’s Earnings Surprise Street as AI Boosts Chip Sales
The biggest contributor to the company’s growth was sales of new custom AI acceleration chips for Amazon.com and other builders of hyperscale data centers.
Marvell Technology Price Levels to Watch as Stock Soars After Strong Earnings
Key Takeaways Shares in Marvell Technology jumped in premarket trading Wednesday after the chipmaker posted strong quarterly results and issued a rosy outlook amid robust demand for its custom AI chips.
Why Marvell Technology Stock Was Soaring Today
Shares of Marvell Technology (NASDAQ: MRVL) were surging today after the semiconductor maker posted better-than-expected results in its third-quarter earnings report, driven in part by strong AI demand and guidance.
Marvell stock analysis: overvalued or undervalued?
Marvell stock rallied about 20% following strong Q3 earnings. Wall Street analysts see further upside in shares of the semiconductor firm.
Marvell Technology Reports Strong Q3 Revenue Growth
Marvell Technology Group ( (MRVL) ) has released its Q3 earnings. Here is a breakdown of the information Marvell Technology Group presented to
Marvell Technology 3Q Revenue Rises, Sees Further Growth in 4Q
Marvell Technology logged higher revenue in its fiscal third quarter on strong AI demand, and guided for further growth in the current quarter. The Santa Clara, Calif.-based chipmaker on Tuesday posted a third-quarter net loss of $676.
Marvell Technology Q3: Accelerating Growth Ahead
We recommend a 'Strong Buy' for Marvell Technology due to robust growth in custom silicon solutions and expanded partnership with Amazon AWS. See more on MRVL.
Salesforce And Marvell Deliver Strong Earnings; Amazon Moves In On Nvidia
Today, however, brings some earnings, the ADP report on private payrolls and Fed Chairman Powell will also be speaking.
Nvidia Rival Marvell's Custom AI Chip Business Drives Earnings Beat. Shares Jump.
Marvell posted fiscal Q3 earnings and revenue that topped estimates amid strong demand for its custom chips for artificial ...
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Live Updates: Tech Leads Nasdaq Composite as Marvell (MRVL) & Salesforce (CRM) Soar
Live Updates Make sure to refresh this page periodically for updates. OpenAI Usage Continues Accelerating 12:51 pm At the NY ...
Marvell Technology Posts Solid Q3 Beat: Analysts Raise Forecasts, Expect 40%-50% Earnings Growth
Marvell Technology reported upbeat earnings amid exciting earnings season. Analysts raised their price targets, expecting ...
Marvell Rallies After AI Computing Demand Bolsters Outlook
Marvell Technology Inc. jumped in late trading after the company delivered better-than-expected results and an upbeat ...
Nasdaq 100: Salesforce and Marvell Earnings Boost US Stocks to New Highs
Tech leads US stocks as S&P 500, Nasdaq hit record highs. Salesforce, Marvell shine. Investors await Powell’s rate hints and ...
Dow Jones Gets Lift From Salesforce; Okta, Marvell Jump After Earnings (Live Coverage)
The Dow Jones, S&P 500 and Nasdaq all climbed Wednesday. Nvidia stock is in a buy zone and Marvell jumped on the stock market ...
Salesforce, Marvell, and Okta all jump on earnings: Yahoo Finance
A trio of big tech stocks are helping fuel markets this morning. Salesforce, Marvell Technology, and Okta all issued ...