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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.
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 strong growth.
Marvell stock surges as strong AI demand yields earnings beat, strong guidance
Marvell Technology Inc (NASDAQ:MRVL) reported third-quarter fiscal 2025 earnings that exceeded analyst expectations, driving its stock nearly 13% higher in premarket trading Wednesday. The company also provided an optimistic outlook for the
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.
Marvell reports strong 3Q24 results, driven by AI silicon demand
Marvell reported strong fiscal third-quarter results with a 6.87% revenue increase, driven by record data center revenue, primarily from custom AI silicon. The company forecasts continued growth in the fourth quarter,
Marvell tops quarterly expectations thanks to strong ASIC, interconnect demand
Marvell supplies semiconductors for data centers, carrier infrastructure and cars. It sells specialized processors optimized for tasks such as managing encryption keys. The company also sells other products,
7h
on MSN
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 ...
6h
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 ...
24/7 Wall St
12h
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 ...
14h
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 ...
8h
on MSN
Why Marvell Technology Stock Was Soaring Today
Shares of Marvell Technology (NASDAQ: MRVL) were surging today after the semiconductor maker posted better-than-expected ...
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 ...
12h
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 ...
14h
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 ...
8h
on MSN
3-Stock Lunch: Marvell Technology, Campbell's & Chewy
Eva Ados, ERShares COO and chief investment strategist, joins 'Power Lunch' to discuss stock plays for three stocks.
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