Browsing: Marvell Technology

Marvell Technology’s fiscal first-quarter results met expectations, but investors remain skeptical about the company’s custom chip business with Amazon and Microsoft

Marvell Technology’s stock price dropped in early Friday trading despite the company reporting better-than-expected Q1 earnings

Marvell Technology stock rises after ‘Mad Money’ host Jim Cramer’s recommendation, citing AI partnership with Amazon

Marvell Technology’s stock surged to an all-time high, exceeding a $100 billion market capitalization due to impressive earnings and an expanded collaboration with Amazon for cloud software and hardware.

Despite a recent stumble, leading AI chip stocks like Nvidia and Marvell Technology are well-positioned to benefit from the long-term growth in data center infrastructure driven by the increasing demand for artificial intelligence.

Broadcom’s CEO Hock Tan reassured investors with a positive second-quarter forecast, driven by strong demand for custom AI chips and the potential for new customers.