Credo Technology: Comparative Metrics Vs. Main Competitors Broadcom And Marvell

DeSid/iStock via Getty Images Introduction Both Broadcom Inc. (AVGO) and Marvell Technology, Inc. (MRVL) reported their earnings on March 7, 2024. Broadcom shares fell 3.2% in extended-hours trading after the semiconductor giant offered up sales guidance for fiscal 2024 that fell short of expectations. On a positive side, Hock Tan, President, and CEO of Broadcom noted: "Strong demand for our networking products in AI data centers, as well as custom AI accelerators from hyperscalers, are driving growth in ou ...