Shares were up 20% on Wednesday as Wall Street analysts welcomed the chip designer’s earnings for the October quarter.
Marvell’s stock is up 21% in morning action Wednesday and on track for its best day since it rose 32% on May 26, 2023. Read: ...
Marvell posted fiscal Q3 earnings and revenue that topped estimates amid strong demand for its custom chips for artificial ...
The biggest contributor to the company’s growth was sales of new custom AI acceleration chips for Amazon.com and other ...
Marvell Technology Inc. jumped in late trading after the chipmaker delivered better-than-expected results and an upbeat ...
Chief Executive Matt Murphy, for his part, said that “the exceptional performance” in the fiscal third quarter and the ...
Marvell Technology Inc. jumped in late trading after the company delivered better-than-expected results and an upbeat ...
The pivot to AI came just in time for Marvell, and this is not an accident for chief executive officer Matt Murphy and his ...
Wall Street firmly believes that the latest results and guidance from Marvell Technology (MRVL) are another reason why the ...
Today, however, brings some earnings, the ADP report on private payrolls and Fed Chairman Powell will also be speaking.
Marvell reported strong fiscal third-quarter results with a 6.87% revenue increase, driven by record data center revenue, ...
U.S. stocks rose on Wednesday after tech companies reported better-than-expected revenue boosted by using artificial ...