Marvell Technology, Inc. (MRVL)
Marvell Technology shares soar on Q3 earnings beat, strong guidance
Marvell Technology Group Ltd. (NASDAQ:MRVL) reported better-than-expected revenues and profits for the third quarter, sending shares of the data infrastructure semiconductor solutions provider almost 23% higher on Wednesday.
Marvell Technology (MRVL) Soars on Transformational AWS Agreement
Marvell Technology (NASDAQ:MRVL) is surging 22% higher heading into noontime trading after the semiconductor stock reported artificial intelligence was driving its business far higher than expected.
Live Updates: Tech Leads Nasdaq Composite as Marvell (MRVL) & Salesforce (CRM) Soar
What parts of the market are doing the best today? Information Technology: +1.46% Consumer Discretionary: +.86% Healthcare: +.31% On the other end of the market energy, financials, and materials are struggling today.
MRVL's Strong A.I. Positioning, Poised for More Gains
Marvell (MRVL) soared to a new all-time high after posting a strong earnings beat and guidance. William Kerwin says the company has established an optimal chip portfolio for GPUs, while David Nicholson notes accelerating data center and custom silicon revenue.
Marvell Technology Posts Solid Q3 Beat: Analysts Raise Forecasts, Expect 40%-50% Earnings Growth
Shares of Marvell Technology Inc MRV climbed in early trading on Wednesday, after the company reported upbeat earnings for the third quarter.
Marvell stock analysis: overvalued or undervalued?
Marvell Technology Inc (NASDAQ: MRVL) says continued strength in its custom AI chips business helped it beat Street estimates in its third financial quarter. Shares of the semiconductor behemoth have more than doubled since early August – but Wall Street remains convinced that they still haven't gotten ahead of themselves.
Marvell Stock Rises. Why It's an Alternative to Nvidia in the AI Chip Trade.
Shares were up 20% on Wednesday as Wall Street analysts welcomed the chip designer's earnings for the October quarter.
Marvell Q3: Lofty Expectations Could Burn Investors (Downgrade)
Marvell Technology delivered a stunning beat-and-raise in its fiscal Q3 earnings release. Marvell Technology has made significant strides toward its $75B market opportunity as the AI growth inflection continues unabated. MRVL's expensive valuation hasn't torpedoed its surging momentum, given the company's robust execution.
MRVL Surges to All-Time High, OKTA Beats, FL Steps Down to Year-Low
Marvell (MRVL) proves itself as a name to watch in the A.I. trade after posting an earnings beat and strong 4Q guidance.
Marvell's stock explodes higher as it's dubbed the next hot AI chip name
Wall Street is excited about Marvell's traction in custom offerings and partnership with Amazon's AWS.
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.
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 intelligence applications. The post Nvidia Rival Marvell's Custom AI Chip Business Drives Earnings Beat.
