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物理限界が導くマーベルのAI覇権
Discover how Marvell Technology (MRVL) is driving the AI infrastructure revolution with networking silicon, optical interconnects, and custo
US tech stocks under pressure as AI growth shows signs of cooling
U.S. tech stocks came under pressure on Friday, driven by concerns about the rapid pace of investment in AI and a series of disappointing earnings reports in the semiconductor sector. The Nasdaq Composite fell 1.2%, closing out a week in which the tech-heavy index struggled to maintain recent highs. Semiconductor sector hit hard Among the notable tumblers, Marvell Technology plunged nearly 19%,…
Rising AI chip stocks face new headwinds
AI Chip Stocks’ Rally Faces New Headwinds – Why Are Nvidia, Taiwan Semiconductor, Broadcom, and Marvell Tech Stocks Falling? Semiconductor and chip stocks, including Nvidia Corp (NASDAQ: NVDA), Taiwan Semiconductor Manufacturing Company (NYSE: TSM), Broadcom Inc (NASDAQ: AVGO), Marvell Technologies Inc. (NASDAQ:MRVL), Lam Research Society (NASDAQ:LRCX) is trading lower on Wednesday ahead of…
Nvidia’s disappointing revenue forecast drags chipmaker shares down
Nvidia’s disappointing revenue forecast drags chipmaker shares down
Nvidia Corp.’s disappointing quarterly revenue forecast sent the stock down as much as 10%, and dragged lower the shares of other large chipmakers with it. Advanced Micro Devices Inc. and Marvell Technology were among stocks that fell more than 2% in postmarket trading after Nvidia’s outlook, which the company blamed on Chinese supply chain problems and the war in Ukraine. Other decliners…
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Marvell Technology (MRVL) Q4 2020 Earnings Snapshot
Marvell Technology (MRVL) Q4 2020 Earnings Snapshot
— Marvell Technology Group (NASDAQ: MRVL) reported fourth quarter 2020 adjusted earnings of $0.17 per share vs. $0.16 expected.
— Revenue grew 8% to $717.7 million vs. $712.95 million expected.
— GAAP net income was $1778 billion, or $2.62 per share vs. a loss of $82.5 million or $0.12 per share in the fourth quarter of 2019.
— For the first quarter of fiscal 2021, revenue is expected…
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Marvell Technology (MRVL) stock nears 14-year high on 5G opportunity
Marvell Technology (MRVL) stock nears 14-year high on 5G opportunity
Marvell Technology Group Ltd. (NASDAQ: MRVL) stock has been trading near the 14-year high of $28.86 on Wednesday as investors remained positive about the 5G opportunity for the company. The shares have risen over 79% in the past five years and over 65% in the past year. This has been amidst the weakness in its core storage and enterprise networking businesses.
In the near term, the stock has…
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