Marvell Technology Stock Breaks Record on Beat-and-Raise
Marvell Technology Inc (NASDAQ:MRVL) earlier issued upbeat fiscal-fourth quarter guidance due to artificial intelligence (AI) demand. The company also reported a top- and bottom-line win for the third quarter and saw no fewer than 17 price-target hikes, including one from Rosenblatt Securities to $140 from $120.
Shares of Marvell Technology surged to a record high on Wednesday, as the semiconductor firm eclipsed a market capitalization ...
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 ...
Marvell Technology Inc. jumped in late trading after the company delivered better-than-expected results and an upbeat ...
Marvell Technology reported upbeat earnings amid exciting earnings season. Analysts raised their price targets, expecting ...
Wall Street firmly believes that the latest results and guidance from Marvell Technology (MRVL) are another reason why the ...
Marvell stock rallied about 20% following strong Q3 earnings. Wall Street analysts see further upside in shares of the ...
Marvell Technology Group ( (MRVL) ) has released its Q3 earnings. Here is a breakdown of the information Marvell Technology Group presented to ...
Chief Executive Matt Murphy, for his part, said that “the exceptional performance” in the fiscal third quarter and the ...
The company expects its sales momentum to accelerate this quarter. Marvell is forecasting revenue of $1.8 billion with a 5% ...
US equity benchmarks rose on Wednesday led by gains in technology shares such as Salesforce and Marvell Technology.
A new boss will have to decide whether to abandon the company’s hopes of becoming a chip-manufacturing leader.
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