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ICYMI -Strong AI chip demand and improved guidance boost Marvell’s stock after-hours https://t.co/V7GfUk9k19 @SiliconANGLE @Mike_Wheatley “If it were not for AI, things would probably be looking much worse for Marvell and its investors. But there are signs of…” - #Earnings https://t.co/pGCdhJuwXO
Strong AI chip demand and improved guidance boost Marvell’s stock after-hours https://t.co/rJlDeBLskY @SiliconANGLE @Mike_Wheatley “If it were not for AI, things would probably be looking much worse for Marvell and its investors. But there are signs of…” - @holgermu https://t.co/x2tMf2NhBW
Strong AI chip demand and improved guidance boost Marvell’s stock after-hours https://t.co/V7GfUk9k19 @SiliconANGLE @Mike_Wheatley “If it were not for AI, things would probably be looking much worse for Marvell and its investors. But there are signs of…” - #Earnings https://t.co/7bndTRLrqx
Marvell Technology's stock experienced a significant boost in after-hours trading, driven by strong demand for AI chips and improved financial guidance. Industry analysts, including Holger Mueller from Constellation Research, noted that without the surge in AI-related demand, the outlook for Marvell and its investors would be considerably bleaker. The company's performance highlights the critical role AI technology plays in its financial health. The analysis was reported by Mike Wheatley of SiliconANGLE.