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: Marvell’s stock rises on strong AI demand, but thi

Shares were up 20% on Wednesday as Wall Street analysts welcomed the chip designer’s earnings for the October quarter.

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.

Shares of networking chips designer Marvell Technology (NASDAQ: MRVL) jumped 22.6% in the afternoon session after the company reported strong third-quarter results that exceeded Wall Street's sales and earnings expectations. Sales grew by 19% sequentially ...

Shares of Marvell Technology ( MRVL 23.69%) were surging today after the semiconductor maker posted better-than-expected results in its third-quarter earnings report, driven in part by strong AI demand and guidance. As of 1:03 p.m. ET, the stock was up 23.6% on the news.

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.

Intel Corp.’s search for a new chief executive officer will focus heavily on outsiders, with the chipmaker considering candidates such as Marvell Technology Inc. head Matt Murphy and former Cadence Design Systems Inc.

A new boss will have to decide whether to abandon the company’s hopes of becoming a chip-manufacturing leader.