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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.
How To Earn $500 A Month From Marvell Technology Stock Ahead Of Q3 Earnings
Marvell Technology, Inc. (NASDAQ:MRVL) will release earnings results for the third quarter, after the closing bell, on Tuesday, Dec. 3. Analysts expect the Wilmington, Delaware-based company to report quarterly earnings at 41 cents per share.
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.
Stocks to Watch Wednesday: Salesforce, Marvell Technology, Pure Storage
The business software provider [raised its annual revenue outlook](
Marvell Technology Stock Jumps on Optimism Driven by ‘Custom AI’
Key Takeaways Marvell Technology shares led Nasdaq 100 stocks higher in the wake of strong fiscal third-quarter results released after the bell Tuesday.The chipmaker's fourth-quarter revenue forecast came in significantly higher than the analyst consensus estimate.
Why Marvell Technology Stock Was Soaring Today
Marvell tops estimates. Year-over-year revenue growth remained modest at Marvell as it continues to work through an earlier slowdown in the chip sector, but the company still topp
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% ...
The Next Platform
2d
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 ...
2d
What's Going On With Marvell Technology Stock Wednesday?
Marvell shares are trading higher on Wednesday after the company reported better-than-expected 2025 fiscal-year third-quarter ...
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 -related products. These mainly include its custom AI chips -- which are ...
2d
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 ...
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 ...
2d
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 ...
2d
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 ...
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