MRVL Stock Recent News
MRVL LATEST HEADLINES
Investors seem to have more confidence in Marvell's custom-chip relationship with Microsoft, according to an analyst.
In the closing of the recent trading day, Marvell Technology (MRVL) stood at $75.91, denoting a +2.29% move from the preceding trading day.
Marvell (MRVL) may not get the headlines of other names in the semiconductor sector, but it has a unique role in the tech space due to its ability to provide comprehensive, custom semiconductor solutions tailored to specific customer needs. George Tsilis examines the company's financial performance, why is has lagged the broader market, and possible catalysts for the stock.
MRVL's optics business gains speed with AI-driven demand, co-packaged upgrades, and soaring revenue growth.
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In the most recent trading session, Marvell Technology (MRVL) closed at $71.99, indicating a -1.46% shift from the previous trading day.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
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Microchip Technology's growing edge in Ethernet PHYs and margin recovery makes it a better choice at present than Marvell Technology.
In the latest trading session, Marvell Technology (MRVL) closed at $70.87, marking a -2.13% move from the previous day.