Marvell's stock has risen 18% since my last recommendation in July, driven by growth in the AI infrastructure market. The company aims to capture 20% of the $40 billion custom AI chip market, with significant growth expected in 2025. A recovery in its non-AI segments should help boost revenue growth.
Marvell Technology's strong Q2 results and ambitious AI revenue targets signal significant growth potential, driven by robust demand in the data center infrastructure market. MRVL has secured key hyperscaler customers and expects to achieve $1.5 billion in AI revenue, with a strong ramp in custom AI chip business. Management's confidence and customer demand, particularly from Amazon, indicate M...
SANTA CLARA, Calif. , Nov. 5, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its third quarter of fiscal year 2025 financial results on Tuesday, December 3, 2024, at 1:45 p.m.
An auto parts stock broke out of a base and reached an all-time high on Friday. The post Energy, Auto Parts Stocks Hit New Highs But Marvell Fades appeared first on Investor's Business Daily.
This year has been largely one of the haves and the have-nots in the semiconductor industry. Statistical measurements show a skewed relationship between the winners and losers.
Marvell Technology (NASDAQ: MRVL) stock is currently witnessing a surge in insider trading activity, marked by both buying and selling from the company's top executives.
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.