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Marvell’s stock rises on strong AI demand
Marvell Stock Rises. Why It’s an Alternative to Nvidia in the AI Chip Trade.
Shares were up 20% on Wednesday as Wall Street analysts welcomed the chip designer’s earnings for the October quarter.
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’s Earnings Are Coming. AI Should Boost Chip Sales.
This Artificial Intelligence (AI) Chip Stock Is Going to Skyrocket After Dec. 3 Meet the Newest Stock in the Nasdaq. It's Soared 918% Since Last Year, and It's Still a Buy Right Now, According to Certain Wall Street Analysts.
4h
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 ...
The Next Platform
7h
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 ...
11h
Nvidia Rival Marvell's Custom AI Chip Business Drives Earnings Beat. Shares Jump.
Marvell posted fiscal Q3 earnings and revenue that topped estimates amid strong demand for its custom chips for artificial ...
3h
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.
1d
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 ...
1d
Marvell Soars to Record High After AI Demand Bolsters Outlook
Marvell Technology Inc. jumped in late trading after the chipmaker delivered better-than-expected results and an upbeat ...
12h
on MSN
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 ...
5h
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 ...
15h
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.
8h
on MSN
U.S. Stocks Rise After Tech Companies Report Gains Boosted By AI
U.S. stocks rose on Wednesday after tech companies reported better-than-expected revenue boosted by using artificial ...
4h
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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