Marvell Technology is capitalizing on the AI boom with its $3.25B acquisition of Celestial AI, enhancing its high-speed networking and custom chip portfolio. MRVL expects AI-driven data center revenue ...
The Main Line enclave of Ardmore has it all — walkability, accessibility to the city, and, of course, the popular Suburban Square retail and dining hub. But let’s stroll Lancaster Avenue: From classic ...
Marvell Technology stock jumped after the company forecast stronger-than-expected growth in its data-center segment, boosting confidence in its custom chip business.
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Why Marvell Technology stock popped today
Marvell beat on sales and beat on earnings last night. Marvell guided to 40% sales growth -- faster than in Q3 -- in the upcoming Q4. 10 stocks we like better than Marvell Technology › Semiconductor ...
Marvell talks up dramatic new growth projections that are meaningfully higher than what Wall Street was expecting Marvell's stock was climbing in after-hours trading on Tuesday. Marvell Technology ...
Marvell beat on sales and beat on earnings last night. Marvell guided to 40% sales growth -- faster than in Q3 -- in the upcoming Q4. Semiconductor giant Marvell Technology (NASDAQ: MRVL) gained 4% ...
Marvell to acquire Celestial AI to accelerate shift toward optical interconnects for AI data centers
Marvell's planned acquisition of Celestial AI signals a major shift toward all-optical interconnects in AI data centers, with the company positioning itself to capture a rapidly expanding market ...
Marvell shares jump after strong chip outlook and a $3.25 billion deal to acquire Celestial AI. Celestial AI’s optical tech boosts Marvell’s AI strategy, with the deal worth up to $5.5 billion.
Marvell Technology MRVL-0.23%decrease; red down pointing triangle agreed to acquire Celestial AI in a cash and stock deal valued at $3.25 billion in a bid to help the semiconductor company build out ...
Marvell’s growth sits between NVIDIA’s 62.5% revenue expansion and AMD’s 35.6% pace. NVIDIA commands 53% profit margins and 63.2% operating margins, while AMD delivers 10.3% and 13.7% respectively.
The Details: Marvell reported quarterly adjusted earnings of 76 cents per share, which beat the analyst estimate of 73 cents, according to Benzinga Pro. Quarterly revenue came in at $2.08 billion, ...
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