Published on: 2025-06-24 02:11:32
More than two years into the generative artificial intelligence boom, Wall Street is setting an increasingly high bar for chipmakers. When it comes to earnings reports — most recently from Marvell Technology — good isn't good enough. That's because investors previously poured into the companies making the infrastructure and devices at the heart of the AI economy, bidding the stocks up to historically high levels. They're demanding results. Marvell shares plummeted 20% on Thursday, their steep
Keywords: ai earnings marvell results revenue
Find related items on AmazonPublished on: 2025-06-29 05:09:49
Marvell Technology shares plummeted 19.8% after the chipmaker's guidance fell short of some elevated buyside estimates. For the first fiscal quarter, the chipmaker said it expects sales of about $1.88 billion. That was just ahead of the $1.87 billion expected by analysts polled by LSEG. However, the outlook fell short of some buyside expectations calling for around $2 billion in revenue, disappointing investors after the stock soared 83% in 2024. The results fueled some concerns about Marvell'
Keywords: ai billion fell marvell revenue
Find related items on AmazonPublished on: 2025-06-29 19:27:26
Marvell Technology shares plummeted more than 18% after the chipmaker's guidance fell short of some elevated buyside estimates. For the first fiscal quarter, the chipmaker said it expects sales of about $1.88 billion. That was just ahead of the $1.87 billion expected by analysts polled by LSEG. However, the outlook fell short of some buyside expectations calling for around $2 billion in revenue, disappointing investors after the stock soared 83% in 2024. The results fueled some concerns about
Keywords: ai billion fell marvell revenue
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