Marvell Technology Reaches $100 Billion Valuation After Earnings Beat And Amazon Deal
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.
Marvell Technology Price Levels to Watch as Stock Soars After Strong Earnings
Shares in Marvell Technology jumped in premarket trading Wednesday after the chipmaker posted strong quarterly results and issued a rosy outlook amid robust demand for its custom AI chips. Monitor these key chart levels.
What's Going On With Marvell Technology Stock Wednesday?
Marvell shares are trading higher on Wednesday after the company reported better-than-expected 2025 fiscal-year third-quarter earnings and issued fourth-quarter guidance above estimates on Tuesday after the bell.
Marvell Technology Reports Strong Q3 Revenue Growth
Marvell Technology Group ( (MRVL) ) has released its Q3 earnings. Here is a breakdown of the information Marvell Technology Group presented to
Marvell stock analysis: overvalued or undervalued?
Marvell stock rallied about 20% following strong Q3 earnings. Wall Street analysts see further upside in shares of the semiconductor firm.
Marvell’s stock rises on strong AI demand, but this trend may be just as big
Chief Executive Matt Murphy, for his part, said that “the exceptional performance” in the fiscal third quarter and the outlook for the current quarter are mostly thanks to Marvell’s MRVL AI silicon programs and “robust ongoing demand” from cloud customers.
Marvell forecasts fourth-quarter revenue above estimates on strong AI-backed demand
Chipmaker Marvell Technology forecast fourth-quarter revenue above estimates on Tuesday, underpinned by robust demand for its custom artificial intelligence chips from businesses racing to develop the most sophisticated generative AI models.
Marvell Technology Q3: Accelerating Growth Ahead
We recommend a 'Strong Buy' for Marvell Technology due to robust growth in custom silicon solutions and expanded partnership with Amazon AWS. See more on MRVL.
Marvell Technology 3Q Revenue Rises, Sees Further Growth in 4Q
Marvell Technology logged higher revenue in its fiscal third quarter on strong AI demand, and guided for further growth in the current quarter. The Santa Clara, Calif.-based chipmaker on Tuesday posted a third-quarter net loss of $676.
Marvell Technology Stock Jumps on Optimism Driven by ‘Custom AI’
Marvell Technology shares led Nasdaq 100 stocks higher in the wake of strong fiscal third-quarter results released after the ...
The Next Platform8h
Marvell Pivots To AI Silicon, Looks Poised To Profit
It is hard to bet against the GenAI boom, and thus far it is also hard for anyone other than Nvidia to profit from it. No one ...
Intel Considers Outsiders for CEO, Including Marvell’s Head
Intel Corp.’s search for a new chief executive officer will focus heavily on outsiders, with the chipmaker considering ...
Marvell Technology surges as Wall Street praises its 'all in' AI mantra
Wall Street firmly believes that the latest results and guidance from Marvell Technology (MRVL) are another reason why the ...
Marvell Stock Soars 23% as Strong Demand for Custom Artificial Intelligence (AI) Chips Drives Q3 Results and Guidance Above Expectations
The data center end market's phenomenal growth of 98% year over year was driven by strong demand for the company's AI ...
Marvell Rallies After AI Computing Demand Bolsters Outlook
Marvell Technology Inc. jumped in late trading after the company delivered better-than-expected results and an upbeat ...
Marvell Technology Posts Solid Q3 Beat: Analysts Raise Forecasts, Expect 40%-50% Earnings Growth
Marvell Technology reported upbeat earnings amid exciting earnings season. Analysts raised their price targets, expecting ...
ThePrint8h
Chipmaker Marvell’s market value jumps to record high on AI-powered Q4 forecast
Marvell Technology's market value surged to a record high on Wednesday, overtaking struggling semiconductor firm Intel's valuation, following an upbeat forecast by the ...