Urgent | $MRVL Exceeds expectations and keeps the momentum of artificial intelligence strong
Marvell Technology announced its results for the second quarter with figures that surpassed market expectations:
💵 Revenue: $2.74 billion
Expected: $2.71 billion
Adjusted earnings per share: $0.94
Expected: $0.92
Third-quarter revenue guidance: $3.15 billion
Expected: $3.04 billion
The most important message:
Marvell not only beats the current forecasts, but also provides stronger guidance for the coming quarter, supported by continued demand for artificial intelligence, data centers, and advanced chip infrastructure
$MRVL in the spotlight as the AI infrastructure investment race continues.
#MRVL #AI #MarvellFallsOver5%AfterHours
#stocks #NASDAQ
Marvell Technology announced its results for the second quarter with figures that surpassed market expectations:
💵 Revenue: $2.74 billion
Expected: $2.71 billion
Adjusted earnings per share: $0.94
Expected: $0.92
Third-quarter revenue guidance: $3.15 billion
Expected: $3.04 billion
The most important message:
Marvell not only beats the current forecasts, but also provides stronger guidance for the coming quarter, supported by continued demand for artificial intelligence, data centers, and advanced chip infrastructure
$MRVL in the spotlight as the AI infrastructure investment race continues.
#MRVL #AI #MarvellFallsOver5%AfterHours
#stocks #NASDAQ
