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Shares of Marvell Technology (NASDAQ: MRVL) were surging today after the semiconductor maker posted better-than-expected results in its third-quarter earnings report, driven in part by strong AI ...
Marvell Technology, Inc. is an American company, headquartered in Santa Clara, California, which develops and produces semiconductors and related technology. Founded in 1995, the company had more than 6,500 employees as of 2024, with over 10,000 patents worldwide, and an annual revenue of $5.5 billion for fiscal 2024.
Marvell's shares have risen nearly 60% this year as Wall Street has bet heavily on soaring demand for advanced chips that can support the complex processing needs of genAI. Marvell forecast fourth ...
Marvell is on track to exceed its earlier target of $1.5 billion in AI revenue in the current fiscal year, CEO Matt Murphy said on Tuesday. Chipmaker Marvell's market value jumps to record high on ...
However, Marvell beat Wall Street estimates for third-quarter revenue and profit, as the rapid adoption of artificial intelligence (AI) buoyed demand for its chips.
move to sidebar hide. From Wikipedia, the free encyclopedia
Sehat Sutardja (Chinese: 周秀文; pinyin: Zhōu Xiùwén; July 9, 1961 – September 18, 2024) was an Indonesian-born American billionaire businessman who was the co-founder of Marvell Technology. [1] [2] Marvell was involved with industry segments including data storage, mobile and smart TVs. [3]
Marvell (MRVL) delivered earnings and revenue surprises of -3.39% and 1.33%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?
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