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Marvell's stock sinks on earnings, showing Wall Street's harsh view of AI plays
MRVLMarvell Technology(MRVL) MarketWatch·2025-03-05 21:35

Core Viewpoint - Marvell Technology Inc. reported better-than-expected results and guidance, but the stock did not respond positively, indicating a tougher scrutiny from Wall Street on artificial intelligence-related companies [1] Financial Performance - The company anticipates revenue of 1.875billionforitsfiscalfirstquarter,whichisslightlyabovetheFactSetconsensusestimateof1.875 billion for its fiscal first quarter, which is slightly above the FactSet consensus estimate of 1.865 billion [1]