Search results
Results from the WOW.Com Content Network
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'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 ...
The semiconductor industry is thriving due to rising demand for artificial intelligence. *Stock prices used were the afternoon prices of Jan. 4, 2025. Where to invest $1,000 right now?
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.
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.
(Reuters) -Marvell Technology has won new business helping large U.S.-based cloud computing firms make custom chips for artificial intelligence it said on Thursday, but noted that its custom unit ...
The buyout of Tanzanite Silicon Solutions is likely to broaden Marvell Technology's (MRVL) silicon solutions portfolio and, in turn, enhance the company's cloud data center business.