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Marvell, AI

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 bell Tuesday.

The Motley Fool on MSN · 3h

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 -related products. These mainly include its custom AI chips -- which are application-specific integrated circuits (ASICs) -- and interconnect products for AI-enabled data centers.

U.S. News & World Report · 14h

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. The company, which produces custom AI chips for major cloud provider that help GenAI speedily process large amounts of data,

Reuters on MSN · 7h

Chipmaker Marvell's market value jumps to record high on AI-powered Q4 forecast

By Arsheeya Bajwa (Reuters) -Marvell Technology's market value surged to a record high on Wednesday, overtaking struggling semiconductor firm Intel's valuation, following an upbeat forecast by the networking chipmaker on the back of AI-linked demand.

3hon MSN

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.

8hon 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 ...

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 ...

18h

Marvell Technology Q3: A True AI Winner

Marvell's strong Q3 results show growth fueled by AI focus and data center revenue, making it a compelling buy for AI ...

The Next Platform7h

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 ...

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 ...

Marvell Technology Posts Solid Q3 Beat: Analysts Raise Forecasts, Expect 40%-50% Earnings Growth

Marvell Technology reported upbeat earnings amid exciting earnings season. Analysts raised their price targets, expecting ...

Tech Up as Salesforce, Marvell Rally on AI Hopes -- Tech Roundup

The crypto industry is cheering President-elect Donald Trump's decision to pick conservative lawyer Paul Atkins to run the Securities and Exchange Commission. Data-storage provider Pure Storage soared ...

Marvell forecasts fourth-quarter revenue above estimates on strong AI-backed demand

Chipmaker Marvell Technology forecast fourth-quarter revenue above estimates on Tuesday, underpinned by robust demand for its custom artificial intelligence chips from businesses racing to develop the ...

Bill McEwen9h

Tech Stocks and AI Pull Wall Street Toward More Records

Tech giants tout AI's impact on earnings, driving Wall Street towards new records amid mixed economic signals.

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