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2023-05-30 08:40:50 ET Summary Broadcom Inc. will report Q2 earnings on June 1 after the market close and looks set to beat its own outlook and the Wall Street consensus driven by software and networking. Broadcom continues to be an underestimated beneficiary of the AI wave, and I...
2023-05-29 05:07:23 ET Summary AMD investors got a remarkable surge last week as Nvidia's robust guidance bolstered its AI tailwinds. However, AMD's leadership in data center GPUs is not close to Nvidia's dominance. Despite that, AMD is confident of gaining more share against ...
2023-05-27 12:30:00 ET Summary Marvell's investors cheered this week's explosive surge as the company delivered blowout AI revenue guidance. Management sees a revenue CAGR of 100% from FY23-25, as it anticipates cloud service providers to retool their data centers to handle the re...
2023-05-26 16:13:29 ET U.S. stocks surged on Friday, bolstered by hope that powerbrokers in Washington will reach a deal on the federal debt ceiling. Meanwhile, Marvell Technology ( MRVL ) became the latest AI-fueled rally for a high-profile stock, giving a further lift to the tech sect...
2023-05-26 15:02:13 ET Gainers: Alarum Technologies ( ALAR ) +49% . Presto Automation ( PRST ) +46% . Marvell Technology ( MRVL ) +31% . D-Wave Quantum ( QBTS ) +29% . Telos ( TLS ) +23% . Losers: Canaan ( CAN ) -24...
2023-05-26 14:06:05 ET Following in the footsteps of Nvidia (NASDAQ: NVDA) , which soared yesterday, Marvell Technology (NASDAQ: MRVL) is off to the races Friday afternoon -- up 28.6% through 1:05 p.m. ET. Actually, that's an even better performance than the 24.4% gain t...
2023-05-26 12:34:22 ET Summary Demand for faster, more efficient, and secure data transfer should ramp up in H2 2023. I believe that Rambus Inc. investors would do well to look beyond Q2. Starting Q3, there's likely to be sequential growth. I estimate that Rambus Inc. stock is...
Marvell Technology, Inc. (NASDAQ: MRVL) is one of today's top gainers. The company's shares are currently up 26.73% on the day to $62.7. Marvell Technology, Inc., together with its subsidiaries, designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and stan...
Stocks rose Friday as optimism around a potential U.S. debt ceiling deal increased. The Dow Jones Industrials leaped 350.79 points, or 1.1%, mid-morning Friday to 33,115.44. The S&P 500 gained 46.18 points, or 1.1%, to 4,197.46. The NASDAQ popped 196.6 points, or 1.6%, to 12,894.6...
2023-05-26 09:30:16 ET Summary ON stock has increased by more than 200% in 5 years and is up more than 34% YTD, yet still trades at less than 17x forward earnings. With an estimated CAGR of 10% over the next several years, ON is a Strong Buy with tailwinds from several megatrends ...
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Calgary, Alberta--(Newsfile Corp. - July 25, 2024) - Marvel Biosciences Corp. (TSXV: MRVL) and its wholly owned subsidiary, Marvel Biotechnology Inc. (collectively the " Company " or " Marvel "), announce that, effective July 23, 2024, its board of directors approved the grant of incentive stoc...
Marvell Announces Immediate Availability of Open Ecosystem Software for Teralynx 10 51.2T Switch PR Newswire Marvell ® Teralynx ® 10 switch now available in Linux Foundation's open-source SONiC, capitalizing on market shift to open network platforms SAN...
Marvell Teralynx 10 51.2T Ethernet Switch Enters Volume Production for Global AI Cloud Deployments PR Newswire Unique architecture delivers high bandwidth, low latency, low power and programmability in a single platform for optimized cloud AI deployments. Seamless su...