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Marvell Technology Newsroom
The demand for AI is strong, and the sales of the chip company marvell technology surged by 19% month-on-month, far exceeding expectations.
Analysts believe that marvell technology is undergoing a business transformation. In the third quarter, the sales growth of the company's cutting-edge AI products offset the significant year-on-year decline in telecommunications, autos, and other industry products. The sales of datacenter products such as high-speed network equipment and next-generation custom computing chips doubled year-on-year to reach $1.1 billion.
Express News | In pre-market trading: top-performing stocks rose collectively, with okta increasing by over 16%.
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.
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.
Australia's regulatory institutions: The AI advantages of large technology companies may harm competition in the search market.
Australian competition regulatory institutions have stated the necessity to reconsider efforts to ensure that internet users have more choices, as Google dominates the search engine market and its competitors have not fully utilized the flourishing development of ai.
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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.
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Express News | US stocks outperforming stocks rally in night trading: marvell technology rose more than 11%, salesforce rose more than 10%
Futu Morning Post | South Korea's president announced 'emergency martial law' late at night, stirring up the market; high-performance stocks collectively celebrate after hours! Marvell Technology, salesforce surged more than 10%.
Will the interest rate be cut in December? The Fed's voting members this year are "doing Tai Chi": regardless of cutting or not, interest rates should continue to decline; Nasdaq and S&P hit new highs again! Apple has risen for seven consecutive days to create a new historical high; Palantir rose nearly 7% to create a new historical high again, with the company's cloud computing service receiving a "highly authorized" certification.
The Nasdaq index reached a new high, French stocks rose, the south korea etf narrowed after a 7% drop, and the offshore yuan briefly fell below 7.31 yuan.
South Korean President Yoon Suk-yeol abruptly declared a state of emergency, boosting safe-haven assets such as U.S. Treasury bonds, Japanese yen, and gold, while cryptos on the South Korean exchange plunged. The South Korean parliament quickly passed a resolution to lift the state of emergency, with the Ministry of Finance and the central bank actively working on market rescue measures. After a 2.7% drop to a two-year low, the won’s decline was cut in half, South Korean etfs fell by 1.6%, and the yield on 10-year U.S. Treasury bonds turned to increase after hitting a new low in over a month. France is set to vote on dissolving the government as early as Wednesday, with French stocks following European markets upward, although they had previously declined during the day. The Dow Jones, small cap stocks, and semiconductor indices fell, while the China concept index once rose by 1.9%. The yuan hit a new low in a year during the day, and U.S. oil rose nearly 3% testing the $70 mark.
Marvell Technology Shares Rise on 4Q Guidance, Views for AI Demand
Express News | Marvell Technology CEO Says as the Chairman and CEO of This Company I Am 100% Focused on Marvell
Marvell (MRVL) Stock Jumps 9% After Hours - Here's What Investors Like
《Results》AI drives chip sales, Marvell (MRVL.US) quarterly results beat expectations.
Driven by trends in ai, chip manufacturer Marvell Technology (MRVL.US) reported sales of 1.52 billion dollars for the fiscal quarter ending in October, representing a year-on-year growth of 7% and a quarter-on-quarter growth of 19%, exceeding the market forecast of 1.46 billion dollars; the adjusted earnings per share were 43 cents, also beating the expected 41 cents. The stock rose 9% in after-hours trading. Marvell CEO Matt Murphy stated that the biggest contributors to growth during the quarter were new custom ai accelerator chips from Amazon.com and other builders of large-scale datacenters.
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