8 03, 2024

Marvell Falls 7% on Q1 Guidance, But Long-Term Prospects are Upbeat: 3 Things For Investors to See

By |2024-03-08T17:33:23+00:00March 8th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

After delivering a lackluster outlook for the fiscal first quarter of 2024, Marvell Technology (MRVL) is down 7% in Friday morning trading. The company has surged over the past year thanks in large part to the AI craze, but the rest of the business is struggling. For the fiscal fourth quarter, overall revenue came [...]

1 12, 2023

Marvell Technology Drops 6% on Downtrodden Earnings & Guidance: 3 Things You Need to See

By |2023-12-07T19:47:09+00:00December 1st, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

Shares of Marvell Technology (MRVL) have made a solid rally so far this year by capitalizing on AI hype. However, it appears as if the semiconductor manufacturer may have overestimated its ability to take advantage of the technology. Or, at the very least, its timeline to seeing profits. Marvell reported its third-quarter earnings alongside [...]

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