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Marvell Technology, AI
Marvell Technology Stock Jumps on Optimism Driven by ‘Custom AI’
Marvell Technology shares led Nasdaq 100 stocks higher in the wake of strong fiscal third-quarter results released after the bell Tuesday.
Why Marvell Technology Stock Was Soaring Today
Shares of Marvell Technology ( MRVL 23.69%) 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. As of 1:03 p.m. ET, the stock was up 23.6% on the news.
Marvell Technology Stock Breaks Record on Beat-and-Raise
Marvell Technology Inc (NASDAQ:MRVL) earlier issued upbeat fiscal-fourth quarter guidance due to artificial intelligence (AI) demand. The company also reported a top- and bottom-line win for the third quarter and saw no fewer than 17 price-target hikes, including one from Rosenblatt Securities to $140 from $120.
5h
on MSN
Marvell Technology Reaches $100 Billion Valuation After Earnings Beat And Amazon Deal
Shares of Marvell Technology surged to a record high on Wednesday, as the semiconductor firm eclipsed a market capitalization ...
10h
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 ...
12h
on MSN
Marvell Technology surges as Wall Street praises its 'all in' AI mantra
Wall Street firmly believes that the latest results and guidance from Marvell Technology (MRVL) are another reason why the ...
The Next Platform
7h
Marvell Pivots To AI Silicon, Looks Poised To Profit
It is hard to bet against the GenAI boom, and thus far it is also hard for anyone other than Nvidia to profit from it. No one ...
1d
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 ...
22h
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 ...
9h
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 ...
1d
on MSN
Marvell’s stock rises on strong AI demand, but this trend may be just as big
Chief Executive Matt Murphy, for his part, said that “the exceptional performance” in the fiscal third quarter and the ...
11h
on MSN
Intel’s Next CEO? Why Apple, TSMC, Marvell Executives Could Be in the Mix.
A new boss will have to decide whether to abandon the company’s hopes of becoming a chip-manufacturing leader.
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