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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.
How To Earn $500 A Month From Marvell Technology Stock Ahead Of Q3 Earnings
Marvell Technology, Inc. (NASDAQ:MRVL) will release earnings results for the third quarter, after the closing bell, on Tuesday, Dec. 3. Analysts expect the Wilmington, Delaware-based company to report quarterly earnings at 41 cents per share.
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,
Marvell's Q3 Earnings Beat: Will Strong Guidance Lift the Stock?
Marvell Technology MRVL reported third-quarter fiscal 2025 non-GAAP earnings of 43 cents per share, decisively exceeding the Zacks Consensus Estimate by 7.5%. Quarterly earnings also came ahead of the midpoint of the company’s guidance of 40 cents (+/- 5 cents).
4d
on MSN
Marvell’s stock skyrockets as it’s dubbed the next hot AI chip name
Marvell’s stock is up 21% in morning action Wednesday and on track for its best day since it rose 32% on May 26, 2023. Read: ...
4d
Salesforce And Marvell Deliver Strong Earnings; Amazon Moves In On Nvidia
Today, however, brings some earnings, the ADP report on private payrolls and Fed Chairman Powell will also be speaking.
4d
on MSN
Why Marvell Technology Stock Was Soaring Today
Shares of Marvell Technology (NASDAQ: MRVL) were surging today after the semiconductor maker posted better-than-expected ...
5d
on MSN
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 ...
5d
Marvell Soars to Record High After AI Demand Bolsters Outlook
Marvell Technology Inc. jumped in late trading after the company delivered better-than-expected results and an upbeat ...
4d
on MSN
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 ...
4d
on MSN
Stocks at records. Movers: Salesforce, Pure Storage, Marvell, more
Stocks climbed Wednesday, with the S&P 500 and Nasdaq hitting records, driven by a surge in tech shares after strong results ...
4d
Marvell shares surge on AI chip demand, forecasts strong Q4
Marvell Technology's shares jumped over 13% in premarket trading on Wednesday after the chipmaker's optimistic forecast boosted investor confidence in AI-related stocks.
4d
on MSN
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 ...
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