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Marvell Technology Price Levels to Watch
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 of $100 billion for the first time after reporting better-than-expected earnings and an expanded deal with Amazon to collaborate on cloud software and hardware.
Marvell Technology Price Levels to Watch as Stock Soars After Strong Earnings
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. Monitor these key chart levels.
Why Marvell Technology Stock Was Soaring Today
Shares of Marvell Technology ( MRVL -4.05%) 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.
3d
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 ...
2d
on MSN
Intel Considers Outsiders for CEO, Including Marvell’s Head
Intel Corp.’s search for a new chief executive officer will focus heavily on outsiders, with the chipmaker considering ...
2d
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.
18h
Marvell’s Strategic Positioning and Innovation Drive Buy Rating Amidst AI Demand
DBS analyst Fang Boon Foo has reiterated their bullish stance on MRVL stock, giving a Buy rating on December 4.Don't Miss our Black Friday ...
2d
Marvell Q3: Lofty Expectations Could Burn Investors (Downgrade)
Marvell Technology delivered a stunning beat-and-raise in its fiscal Q3 earnings release. Click here to find out why I ...
3d
Marvell Soars to Record High After AI Demand Bolsters Outlook
Marvell Technology Inc. jumped in late trading after the company delivered better-than-expected results and an upbeat ...
3d
Marvell tops quarterly expectations thanks to strong ASIC, interconnect demand
The company expects its sales momentum to accelerate this quarter. Marvell is forecasting revenue of $1.8 billion with a 5% ...
2d
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 ...
2d
Marvell shares surge on AI chip demand, forecasts strong Q4
Marvell Technology's shares jumped over 13% in premarket trading on Wednesday after the chipmaker's optimistic forecast boosted investor confidence in AI-related stocks.
2d
on MSN
Marvell Stock Soars 23% as Strong Demand for Custom Artificial Intelligence (AI) Chips Drives Q3 Results and Guidance Above Expectations
The data center end market's phenomenal growth of 98% year over year was driven by strong demand for the company's AI ...
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