MRVL
NASDAQ · Semiconductors
Marvell Technology Inc
$92.36
+2.20 (+2.44%)
MRVL News22 articles
Coherent Soars on S&P 500 Inclusion, Fueled by Nvidia AI Partnership
Coherent Corp shares advanced nearly 6% following its upcoming inclusion in the S&P 500 index, building on momentum from Nvidia's recent $2 billion strategic investment. The company also reported strong quarterly revenue growth and launched new laser products.
Marvell's AI Revenue Forecast Fuels Stock Momentum
Marvell Technology shares advanced as the company outlined a robust long-term revenue target nearing $15 billion by fiscal 2028, driven by accelerating demand for its AI and optical connectivity solutions.
Broadcom's AI Ambitions Fuel Stock Surge as Revenue Forecast Tops $100 Billion
Broadcom shares gained after the company forecast its AI chip revenue could surpass $100 billion by 2027. First-quarter AI revenue more than doubled to $8.4 billion.
Meta Faces CPI, Regulatory Hurdles, and Soaring AI Costs
Meta shares declined amid EU regulatory pressure and ballooning AI infrastructure costs, with investors shifting focus to upcoming U.S. inflation reports and global market cues.
Nvidia's 3% Drop Sets Stage for Key Inflation, TSMC Data and GTC Conference
Nvidia shares declined 3% Friday as rising oil prices and a soft jobs report pressured growth stocks. The focus shifts to upcoming U.S. inflation data, TSMC's monthly sales, and Nvidia's GTC developer conference.
Microsoft's $409 Level in Focus as AI Demand Meets Inflation Test
Microsoft shares closed at $408.96, down slightly amid a broader tech sell-off. Investors are balancing positive AI demand indicators from partners like Broadcom against looming inflation data and macroeconomic concerns.
Broadcom's AI Surge Faces Market Test After Strong Outlook
Broadcom's AI revenue jumped 106% to $8.4 billion last quarter, with a new $10.7 billion target set for the current period. The chipmaker's stock will be tested as investors digest its aggressive growth forecast amid broader market declines.
Micron Stock Slumps Ahead of Key Earnings, AI Demand in Focus
Micron Technology shares dropped 6.7% on Friday, closing at $370.30, as investors look ahead to the company's March 18 earnings call for updates on AI-driven memory demand and competitive pressures.
Wall Street Outperforms Global Markets Amid Iran Conflict, Oil Surge
U.S. equity futures edged lower Friday as geopolitical tensions with Iran fueled oil prices and inflation concerns, though Wall Street is set to outperform global peers this week. The Nasdaq remains on track for a modest weekly advance.
Marvell Projects $15 Billion Revenue by 2028 on Surging AI Infrastructure Demand
Marvell Technology issued a bullish long-term forecast, projecting revenue could approach $15 billion by fiscal 2028, significantly above Wall Street expectations. The chipmaker's shares jumped 15% after it also reported strong quarterly results and guidance.
Broadcom Surges on $100B AI Chip Forecast and $10B Buyback Plan
Broadcom shares climbed nearly 5% in extended trading following strong quarterly results and an ambitious forecast for its artificial intelligence semiconductor business, coupled with a new $10 billion stock buyback authorization.
Coherent Unveils 224Gbps Chip for AI Data Centers Ahead of OFC
Coherent Corp has introduced a high-speed 224Gbps quad-channel transimpedance amplifier designed for next-generation 800G and 1.6T optical transceivers in AI data centers. The company also debuted a new test instrument and will join the Bloomberg 500 index on March 12, following a $2 billion strategic investment from Nvidia.
Marvell Technology Set for Post-Earnings Volatility Amid AI Infrastructure Focus
Marvell Technology shares edged higher premarket ahead of its quarterly report, with options pricing an 11% move. The chipmaker is expected to post revenue of $2.21 billion and adjusted EPS of 79 cents.
Astera Labs CFO Warns of Margin Pressure as Insider Sale Filed
Astera Labs' finance chief warned of a 200-basis-point gross margin headwind beginning in the June quarter, citing product mix shifts and an Amazon warrant. Meanwhile, the company's general counsel sold $1.17 million in shares under a pre-arranged trading plan.
Markets Brace for Volatility as Middle East Tensions Escalate
Geopolitical tensions and oil supply fears weigh on markets as stocks closed February with significant monthly losses. All eyes are on the Strait of Hormuz and upcoming U.S. economic data.
Broadcom Gains on 6G Chip Launch as VMware Concerns Loom
Broadcom shares advanced following the introduction of its new 5G Advanced/6G radio chip, BroadPeak. Investor attention remains divided between this hardware innovation and ongoing challenges in its VMware software segment.
Broadcom's AI Margin Pressure in Focus Ahead of Q1 Report
Broadcom shares fell 1.81% to $325.17 Friday, underperforming the semiconductor sector. The company reports fiscal first-quarter results March 4, with AI-related margin pressure a key concern.
Astera Labs Shares Tumble 21% on Amazon Warrant Deal, Raising Margin Concerns
Astera Labs stock plummeted over 21% in after-hours trading after disclosing a warrant agreement with Amazon, which analysts say will pressure gross margins. The chip connectivity firm also announced a CFO transition.
Lumentum Shares Slide in Extended Trading Ahead of Key Investor Conferences
Lumentum Holdings stock declined 2.8% in after-hours trading following a volatile session, as investors await management commentary at upcoming Susquehanna and Morgan Stanley events.
Marvell Technology Gains Ahead of March Earnings, Spotlight on AI Infrastructure Demand
Marvell Technology shares advanced as the chipmaker set a March 5 date for its fiscal Q4 report, with investors focused on data-center and AI networking spending trends.
Broadcom Leads Chip Stock Rebound Amid AI Spending Focus
Broadcom shares climbed 2.5% as semiconductor stocks recovered from last week's decline. Investors await the company's March 4 earnings report amid ongoing AI investment debates.
Marvell Rises 8% on Chip Sector Rebound, Faces Potential Share Overhang
Marvell Technology surged 8.18% to $80.28 Friday amid a broad semiconductor rally, but filed to register over 24 million shares for resale, potentially creating pressure next week.