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The Indonesia born billionaire led Marvell Technology to become one of the world's largest chipmakers before stepping down from the company he co-founded after being accused of fraud
SANTA CLARA, Calif. , Sept. 13, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), today announced a quarterly dividend of $0.06 per share of common stock payable on October 31, 2024 to shareholders of record as of October 11, 2024.
MRVL's improving profitability, strong pipeline and strategic positioning in the AI revolution justify holding the stock through the current volatility.
Marvell Technology MRVL is a semiconductor stock gaining hype due to its fast data center revenue growth. It has performed well over the past 52 weeks but is underperforming in its sector.
Marvell (MRVL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Explore Marvell's (MRVL) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
While semiconductor developer Marvell Technology, Inc. NASDAQ: MRVL is a benefactor in the artificial technology (AI) revolution, headline numbers for their second-quarter fiscal 2025 results don't paint the immediate upside potential. This is because the rest of the business shows weakness from the non-AI semiconductor cycle slowdown.
Marvell Technology posted better-than-expected Q2 sales thanks to custom chips for AI applications. MRVL stock rose Friday.
Marvell Technology Inc (NASDAQ: MRVL) is emerging as a major player in the artificial intelligence sector, according to Ivana Delevska, founder and chief investment officer of Spear Invest. With shares of the semiconductor giant surging over 30% this month, Delevska remains highly optimistic about MRVL's potential as AI drives unprecedented growth in networking.
Marvell Technology Inc MRVL shares climbed in early trading on Friday, after the company reported upbeat second-quarter sales.