Marvell Stock Drops 15% as the Artificial Intelligence (AI) Chipmaker's Guidance Disappoints Investors
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Marvell's shares end worst day in 24 years as tepid revenue forecast reignites AI spending fears
Marvell Technology's shares closed down 19.8%, marking their worst day in more than two decades and weighing on rival ...
Stock of the Day: Marvell plunges 18% after weak outlook fails to restart the AI rally
The chipmaker fell sharply early Thursday as its slight earnings outlook failed to impress investors looking for a boost to ...
Marvell Stock Drops Despite Strong Earnings as Outlook Fails to Impress
Marvell Technology reported fiscal fourth-quarter results that beat analysts’ expectations, but shares tumbled in extended trading as its outlook failed to impress.
Chipmakers are finding that good earnings aren't enough to please Wall Street
After investors poured into semiconductor stocks last year, expectations are high, and companies are having trouble making ...
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Marvell's stock sinks on earnings, showing Wall Street's harsh view of AI plays
"Marvell has secured multiple new design wins, including several custom silicon programs that will fuel future growth." On the company's earnings call, many analysts were trying to get more ...
Nvidia’s stock selloff deepens after Marvell earnings: ‘Boy, sentiment is rough.’
Nvidia Corp.’s stock was among the many semiconductor stocks moving lower in Thursday morning action, in the wake of Marvell ...