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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 ...
Image source: The Motley Fool. Marvell Technology (NASDAQ: MRVL) Q3 2025 Earnings Call Dec 03, 2024, 4:45 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Marvell's enterprise networking segment posted a 44% fall to $150.9 million in revenue, while that of the company's carrier infrastructure unit declined 73% to $84.7 million.
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 ...
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.
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.
(Reuters) -Marvell Technology forecast first-quarter results below market expectations on Thursday due to soft demand in its wireless infrastructure, consumer and enterprise markets. The company ...