Marvell raises annual forecasts, but shares fall as Google deal questions linger
Aug 27 : Marvell Technology failed to provide a meaningful increase to its long-term revenue outlook despite signing a major new AI chip agreement with Google, disappointing investors looking for evidence that the deal would accelerate growth sooner.The chipmaker's shares slid over 6 per cent after hours on T
Marvell raises annual forecasts, but shares fall as Google deal questions linger
Aug 27 : Marvell Technology failed to provide a meaningful increase to its long-term revenue outlook despite signing a major new AI chip agreement with Google, disappointing investors looking for evidence that the deal would accelerate growth sooner.The chipmaker's shares slid over 6 per cent after hours on T
Marvell selloff deepens as investors seek clarity on Google AI deal payoff
Aug 28 : Chip designer Marvell Technology's shares fell more than 8 per cent to $221.6 in early trading on Friday as investors looked beyond the company's solid results in search of fresh clues for long-term growth.Marvell has become a market darling fueled by the AI spending boom as Big Tech races to adopt c
Marvell beats forecasts, shares slip as growth outlook underwhelms
Aug 27 : Marvell Technology forecast quarterly revenue above estimates on Thursday, but failed to meet lofty investor expectations after a sharp AI-fueled rally in its shares. The Santa Clara, California-based company's shares fell nearly 3 per cent in extended trading. They have nearly tripled in value so fa
Marvell shares slide as concerns over timing of Google AI deal revenue eclipse strong results
Aug 28 : Marvell Technology's shares fell 8 per cent to $223.1 in premarket trading on Friday as concerns about the potential upside from its AI chip deal with Google overshadowed better-than-expected results from the semiconductor designer.The company secured a custom-chip deal with Alphabet's Google last we
Marvell shares slide as concerns over timing of Google AI deal revenue eclipse strong results
Aug 28 : Marvell Technology's shares fell 8 per cent to $223.1 in premarket trading on Friday as concerns about the potential upside from its AI chip deal with Google overshadowed better-than-expected results from the semiconductor designer.The company secured a custom-chip deal with Alphabet's Google last we
last updated on 29 Aug 05:50