After hours surged nearly 10%! marvell technology's Q3 performance for the fiscal year 2025 exceeded expectations, and Q4 guidance is strong.
The results show that the revenue in the third quarter was 1.52 billion dollars, exceeding the analyst consensus expectation of 1.46 billion dollars, a year-on-year increase of 6.84%; the eps was 0.43 dollars, higher than the analyst consensus expectation of 0.41 dollars, which was 0.41 dollars in the same period last year.
The demand for AI is strong, with chip company Marvell's sales soaring 19% month-on-month, far exceeding expectations.
Strong demand for AI, Marvell's performance in the third quarter and outlook for the fourth quarter both exceeded expectations. On December 3rd, Eastern Time, chip company Marvell Technology (MRVL) announced its third-quarter financial report, showing a 19% increase in sales compared to the previous quarter, reaching $1.52 billion, higher than Wall Street's forecast of $1.46 billion; earnings per share of 43 cents, higher than the expected 41 cents. Marvell also expects fourth-quarter revenue to reach around $1.8 billion, higher than the expected $1.65 billion, with an expected earnings per share of 59 cents. The company
Breaking news! Four major industry associations collectively state: exercise caution when purchasing usa chips.
① The china semiconductors industry association, china automotive industry association, china internet plus-related association, and china communication enterprises association have all issued statements urging domestic companies to carefully select and procure usa chips. ② The new round of export restrictions from the usa involves over 140 chinese enterprises, affecting semiconductors manufacturing equipment, electronic design automation tools, etc., undermining the principles of fair competition in the global semiconductors industry.
Marvell Technology Reports Strong Q3 Revenue Growth
Marvell Technology (MRVL.US) Q3 financial report is impressive! Datacenter business has surged, with broad prospects for cooperation in the AI field.
marvell technology recently released its third-quarter financial report, with performance exceeding market expectations, and issued optimistic profit forecasts.
Marvell Rallies After AI Computing Demand Bolsters Outlook