Marvell Technology(MRVL)
Search documents
Marvell Technology (MRVL) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-10-18 22:56
Marvell Technology (MRVL) ended the recent trading session at $79.85, demonstrating a -0.08% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.4%. On the other hand, the Dow registered a gain of 0.09%, and the technology-centric Nasdaq increased by 0.63%.Shares of the chipmaker have appreciated by 6.72% over the course of the past month, outperforming the Business Services sector's gain of 3.38% and the S&P 500's gain of 3.76%.The investment communi ...
Marvell Technology Q3 Preview: Expecting Strong Growth In Custom Silicon, Upgrade
Seeking Alpha· 2024-10-15 17:46
I reiterated a "Buy" rating on Marvell Technology, Inc. (NASDAQ: MRVL ) in August 2024, highlighting their ramp-up of electro-optic and custom silicon products. On October 15th, the media reported that Amazon.com, Inc. ( AMZN ) had signedMore than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing in niche markets, with strong growth potential, a solid ...
Marvell Demonstrates Industry-Leading 3nm PCIe Gen 7 Connectivity for Accelerated Infrastructure at OCP 2024
Prnewswire· 2024-10-15 13:00
Extends PAM4 Connectivity Leadership to Scale Next Generation AI Server Compute FabricsSANTA CLARA, Calif., Oct. 15, 2024 /PRNewswire/ -- OCP Global Summit – Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, demonstrates its industry-leading 3nm PCIe Gen 7 connectivity at the OCP Global Summit, October 15-17, at the San Jose Convention Center. PCIe Gen 7 doubles data transfer speeds, enabling continued scaling of compute fabrics inside accelerated server plat ...
Artificial Intelligence (AI) Servers Are Set to Become a $187 Billion Industry in 2024: 2 Hot Stocks That Are Set to Soar Thanks to This Massive Opportunity
The Motley Fool· 2024-10-11 21:15
Investors looking to capitalize on the booming demand for AI servers should consider taking a closer look at these two stocks that are set to deliver impressive growth.Shipments of artificial intelligence (AI) servers have shot up remarkably in the past couple of years as cloud service providers have been investing huge amounts of money in infrastructure that's capable of training AI models, as well as for AI inferencing purposes to deploy those models in real-world applications.Market research firm TrendFo ...
Marvel Biosciences Shares Positive Results of MB204 in the Oprm1 Model of Autism
Newsfile· 2024-10-10 13:00
Marvel Biosciences Shares Positive Results of MB204 in the Oprm1 Model of AutismOctober 10, 2024 9:00 AM EDT | Source: Marvel Biosciences Corp.Calgary, Alberta--(Newsfile Corp. - October 10, 2024) - Marvel Biosciences Corp. (TSXV: MRVL) (OTCQB: MBCOF), and its wholly owned subsidiary, Marvel Biotechnology Inc. (collectively the "Company" or "Marvel"), today shared promising results from a recent study on MB204. The research was conducted by Drs. Julie Le Merrer and Jerome Becker of the iBraiN ...
Marvell Soars 22% YTD: Should Investors Buy, Sell or Hold the Stock?
ZACKS· 2024-10-07 16:40
Marvell Technology, Inc. (MRVL) has delivered an impressive 21.7% year-to-date (YTD) gain, outperforming the Zacks Business Services Sector and the S&P 500, which rose 12.4% and 20.8%, respectively. Even more impressive is Marvell’s outperformance over its semiconductor peers like Micron Technology, Inc. (MU) , Advanced Micro Devices, Inc. (AMD) and Intel Corporation (INTC) .While the company faces near-term challenges, concerning its exposure to China and an elevated valuation, Marvell's long-term growth t ...
Marvell's Custom Silicon Strategy: Powering The AI Surge
Seeking Alpha· 2024-10-06 13:30
Marvell Technology (NASDAQ: MRVL ) is strategically positioned to capitalize on the surge in AI demand, as reflected in its impressive Q2 fiscal 2025 data center, which is booming. The company’s focus on custom AI compute silicon, particularlyYiannis Zourmpanos, founder of Yiazou IQ, an AI-driven stock research platform providing all-in-one stock reports. Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member ...
Marvell: Well-Poised For A Major AI Upcycle
Seeking Alpha· 2024-10-04 15:30
JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...
Marvell Technology: The Turnaround We Have Been Waiting For Is Finally Here
Seeking Alpha· 2024-10-02 17:10
JHVEPhoto The turnaround that I have been waiting for is finally here. Marvell Technology (NASDAQ:MRVL) is finally seeing the different parts of the story head in the right direction after weakness in multiple parts of its business. In this article, I will ...
Marvell Technology Inc (MRVL) Trading 3.26% Higher on Oct 2
Gurufocus· 2024-10-02 16:07
Shares of Marvell Technology Inc (MRVL, Financial) surged 3.26% in mid-day trading on Oct 2. The stock reached an intraday high of $72.87, before settling at $72.60, up from its previous close of $70.31. This places MRVL 15.34% below its 52-week high of $85.76 and 57.59% above its 52-week low of $46.07. Trading volume was 4,356,633 shares, 36.4% of the average daily volume of 11,965,706.Wall Street Analysts ForecastBased on the one-year price targets offered by 30 analysts, the average target price for Marv ...