Marvell Technology, a semiconductor company specializing in integrated circuits tailored for the data center space, has had a remarkable year. The stock has soared nearly 90% year-to-date, with its market capitalization now approaching $100 billion.
Marvell ( MRVL ) delivered stellar Q3 earnings last week, fueled by explosive growth in AI-related sales. Data center revenue surged 98% year-over-year, showcasing the company's recent foray in this space.
Examine the evolution of Marvell's (MRVL) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
Does Marvell Technology (MRVL) have what it takes to be a top stock pick for momentum investors? Let's find out.
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Marvell Technology's (MRVL) stock rise topped all Nasdaq 100 gainers Wednesday after the chipmaker posted a current-quarterly forecast that significantly exceeded Wall Street expectations.
Shares of Marvell Technology (MRVL 23.19%) surged 23.2% on Wednesday following the data infrastructure semiconductor specialist's release on the prior afternoon of its report for the third quarter of its fiscal year 2025 (ended Nov. 2, 2024).
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.
@MarketRebellion's Marc X. LoPresti says the market is finally realizing that the explosion of new data centers for A.I.
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.
MRVL's Q3 performance reflects sequential growth across all of its segments with the data center being the frontrunner.
Marvell Technology (MRVL) rallies 20% higher after beating third quarter earnings estimates in conjunction with its positive fourth quarter and full-year guidance. Catalysts Seana Smith and Madison Mills report on the semiconductor manufacturer's boost driven by strong AI demand forecasts.