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21 days ago
Marvell Technology stock (NASDAQ: MRVL) sank nearly 8% in Friday premarket trading as investors looked past another solid quarter and focused instead on when its enormous Google AI-chip opportunity will materially lift revenue. Fiscal second-quarter revenue rose 37% to $2.74 billion, beating expectations, while Marvell raised fiscal 2027 revenue guidance to about $12 billion and fiscal 2028 to ...