Marvell Earnings: Accelerating AI Growth and Lingering Market Weakness Lead us to Maintain Valuation

Marvell Technology's fiscal second-quarter results and third-quarter guidance met expectations, with a significant increase in artificial intelligence revenue growth, but delays in recoveries for data center storage and enterprise networking businesses; overall, the company remains well positioned in data center infrastructure and is undervalued.

morningstar.com

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8/22/2023

Jim Cramer says this stock is ‘sitting on a gold mine’ because of its AI potential

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Marvell Technology Reports Solid Earnings. Investors Seem Disappointed.

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Stocks making the biggest moves premarket: Marvell Technology, Affirm, Hawaiian Electric and more

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Marvell's stock sells off after company couldn't meet Nvidia's high bar on AI

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8/31/2023

Marvell Technology Stock Sees Rising Market Leadership; Earns 83 RS Rating

The Relative Strength Rating for Marvell Technology stock has increased from 77 to 83, indicating strong market leadership.

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ClearBridge: Marvell Technology Stock Gains on AI Enthusiasm, Crucial Supplier Role

ClearBridge Investments' second-quarter investor letter highlights the positive performance of mid-cap stocks, with the IT and industrials sectors contributing to the strategy's outperformance, particularly with Marvell Technology being a top performer in the IT sector.

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Posted 8/25/2023, 2:47:36 PM

Marvell Earnings: Accelerating AI Growth and Lingering Market Weakness Lead us to Maintain Valuation

morningstar.com

Relevant topic timeline:

8/22/2023

Jim Cramer says this stock is ‘sitting on a gold mine’ because of its AI potential

8/24/2023

Marvell Technology Reports Solid Earnings. Investors Seem Disappointed.

Marvell Technology's earnings results and financial guidance were slightly above expectations, but investors were disappointed due to the stock's previous strong performance.

8/25/2023

Marvell Stock Drops. Wall Street Still Thinks It’s a Good AI Play.

Investors were disappointed by Marvell Technology's lack of a beat-and-raise, but analysts still see potential in the stock due to the growth of artificial intelligence.

8/24/2023

Chipmaker Marvell Technology Narrowly Beats Estimates; Shares Fall

Chipmaker Marvell Technology exceeded Wall Street's expectations for its fiscal second quarter and provided a steady outlook for the current period, but its stock fell in after-hours trading.

8/25/2023

Stocks making the biggest moves premarket: Marvell Technology, Affirm, Hawaiian Electric and more

8/25/2023

Marvell's stock sells off after company couldn't meet Nvidia's high bar on AI

Marvell Technology's stock fell nearly 9% after reporting data-center sales that fell short of Nvidia's impressive results, despite beating earnings expectations and offering an in-line forecast.

8/31/2023

Marvell Technology Stock Sees Rising Market Leadership; Earns 83 RS Rating

The Relative Strength Rating for Marvell Technology stock has increased from 77 to 83, indicating strong market leadership.

9/18/2023

ClearBridge: Marvell Technology Stock Gains on AI Enthusiasm, Crucial Supplier Role