Marvell Technology

Marvell Technology, Inc. engages in the provision of data infrastructure semiconductor solutions. It offers compute, networking, storage, and custom solutions. The firm designs, develops, and sells integrated circuits. The company was founded by Wei Li Dai, Pantas Sutardja, and Sehat Sutardja in 1995 and is headquartered in Wilmington, DE.

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Marvell exceeds Q1 revenue expectations, anticipates strong AI growth

Marvell's Q1 2023 performance exceeded expectations, with strong growth drivers in AI, cloud infrastructure, automotive, and storage. The company is making strategic OpEx cuts and belt tightening to reposition spending. However, challenges are anticipated in the enterprise and carrier segments, with inventory overhang in the cloud side and potential lumpiness in the 5G base station market.

Marvell Technology (MRVL) reports strong Q2 revenue driven by AI demand

Marvell Technology (MRVL) reported strong Q2 revenue driven by AI demand, but faced challenges in certain business segments. The company's strengths include strong growth in automotive and industrial end markets, while opportunities lie in custom silicon programs for AI and electro-optical business.

Marvell surpasses Q3 revenue expectations, eyes growth in AI

Marvell's Q3 performance exceeded expectations, driven by strong data center and carrier infrastructure revenue. While facing challenges in certain market segments, the company is well-positioned to capitalize on opportunities in AI and cloud infrastructure for future growth.

Marvell Technology reports Q4 revenue growth, anticipates challenges and opportunities

Marvell Technology's Q4 performance showed revenue growth but challenges in certain segments. Strengths in enterprise networking and growth areas like 5G provide optimism. Challenges include revenue declines in Q1 and margin pressure. Opportunities in future growth areas and confidence in long-term prospects.

Marvell Technology (MRVL) reports strong Q1 earnings and eyes AI growth opportunities

Marvell Technology (MRVL) delivered strong earnings, driven by AI growth and revenue across key end markets, with plans for margin improvement and expense reduction.
Despite challenges like inventory overhang and market uncertainties, Marvell's strategic strengths in AI, technology leadership, and financial adjustments position it for future growth.
Opportunities in AI, cloud infrastructure, and market leadership underscore Marvell's potential for continued success and growth in the evolving tech landscape.
Balancing performance, strengths, challenges, and opportunities, Marvell remains well-positioned for growth, supported by strategic initiatives and a focus on key technologies.

Marvell Technology beats Q2 revenue expectations, eyes AI growth

Marvell Technology's Q2 performance exceeded expectations, with strong revenue and growth in key segments like AI and data center.
Despite challenges in certain segments, Marvell's strengths lie in maintaining margins, market share, and positive outlook for future growth.
Opportunities abound in AI, data center, and Electro-Optical segments, positioning Marvell for continued revenue growth and market leadership.
The company's focus on operational efficiency and revenue diversification sets the stage for sustained financial improvement and market competitiveness.

Marvell Technology reports solid Q3 earnings, eyes growth opportunities

Marvell Technology's Q3 performance reflects resilience and strategic focus amidst market challenges, with solid financial metrics and growth in key segments.
While facing short-term revenue declines in certain markets, Marvell's strengths in data center, cloud, and custom silicon opportunities position it well for future growth.
Addressing challenges in specific end markets and the carrier business, Marvell aims to leverage opportunities in cloud AI, custom silicon, and data center markets for sustained growth.
With a strong financial position, operational efficiency, and strategic partnerships, Marvell is poised to navigate challenges and capitalize on growth opportunities in high-demand technology sectors.

Marvell Technology posts solid Q4 earnings, eyes accelerated infrastructure growth

Marvell's Q4 performance reflects strong revenue growth and strategic investments in AI data centers and cloud-optimized silicon programs.
While facing margin challenges and segment bottoming in Q1 2025, Marvell's custom silicon and AI businesses present substantial growth opportunities.
With a focus on accelerated infrastructure and data center expansion, Marvell anticipates significant growth in the semiconductor industry for fiscal '26.

Marvell Technology beats Q1 expectations, eyes growth in data centers

Marvell Technology's Q1 performance exceeded expectations, with a focus on data center revenue growth and new market expansion. Despite challenges in certain end markets, the company is poised for recovery and anticipates strong opportunities in custom silicon and optical solutions.

Marvell Technology beats revenue guidance, eyes AI growth opportunities

Marvell Technology delivered strong Q2 results, with a positive outlook for sequential and year-over-year growth in key markets.
Strategic initiatives in AI custom silicon and interconnect technologies position the company for long-term success and market leadership.
While facing challenges in certain end markets, Marvell's financial strength and growth prospects indicate a promising future for investors.

Marvell Technology surpasses Q3 expectations, eyes growth in strategic sectors

Marvell Technology demonstrated robust performance in Q3, exceeding revenue guidance and showcasing significant sequential growth in non-GAAP EPS.
The company's strategic partnerships, focus on infrastructure acceleration, and market positioning in key sectors like AI and data centers highlight its potential for sustained growth.
While facing challenges in certain end markets due to seasonality, Marvell remains poised to capitalize on opportunities in AI, data centers, and enterprise networking for future expansion.
Overall, Marvell's strong financial performance, strategic initiatives, and market adaptability position it well for continued success and growth in the semiconductor industry.

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Marvell Technology, Inc. engages in the design, development, and sale of integrated circuits. Its products include data processing units, security solutions, automotive, coherent DSP, DCI optical modules, ethernet controllers, ethernet PHYs, ethernet switches, linear driver, PAM DSP, transimpedance amplifiers, fibre channel, HDD, SSD controller, storage accelerators, ASIC, and Marvell government solutions. It operates through the following geographical segments: United States, Singapore, Israel, India, China, and Others. The company was founded by Wei Li Dai and Pantas Sutardja in 1995 and is headquartered in Wilmington, DE.

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Undeniably, unless some catastrophic black swan event materializes, 2023 will go down as the year of tech stocks to buy. Let's not even start to argue the point.

Silicon Surge: 7 Tech Stocks Poised for a Bullish Comeback

Marvell's networking solutions can benefit from the vast demand seen in AI accelerators.

Marvell Technology's Artificial Intelligence (AI) Success Continues Amid Enterprise Challenges

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Tech stocks are tricky now because the technology market is in a state of flux. This year brought a big reset for tech stocks after record sales for many product categories in 2021 and 2022.

4 Top Tech Stocks to Buy and 3 to Stay Far Away From

We're upgrading Marvell Technology Inc to a buy as we now see a more favorable risk-reward profile for stock. 3QFY24 results and the soft 4QFY24 outlook have clearly reflected our negative thesis on the stock. MRVL stock price has declined 12% in the past two quarters, underperforming the market by 20%.

Marvell: Upgrading To Buy; Negatives Priced In

Marvell (MRVL) unveils OCTEON 10 CN102 and CN103 Data Processing Units, which are designed for routers, firewalls, 5G small cells and SD-WANs.

Marvell (MRVL) Introduces OCTEON 10 CN102 and CN103 DPUs

Marvell (MRVL) unveils Perseus and Spica Gen2 Optical Digital Signal Processors designed to address the widespread adoption of artificial intelligence, cloud and accelerated computing.

Marvell (MRVL) Introduces Perseus and Spica Gen2 Optical-DSPs

Marvell Technology, Inc. (NASDAQ:MRVL ) Barclays Global Technology Conference December 6, 2023 11:40 AM ET Company Participants Matt Murphy - Chairman and CEO Ashish Saran - Head of IR Conference Call Participants Thomas O'Malley - Barclays Thomas O'Malley Welcome back, everyone. We're very happy to have Marvell here.

Marvell Technology, Inc. (MRVL) Presents at Barclays Global Technology Conference (Transcript)

Broadly available to OEMs, the Marvell ® OCTEON ® 10 CN102 and CN103 triple the performance of existing Marvell solutions while cutting power by 50%  SANTA CLARA, Calif. , Dec. 6, 2023 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, is enabling networking equipment and firewall manufacturers achieve breakthrough levels of performance and efficiency with two new OCTEON 10 data processing units (DPUs), the OCTEON 10 CN102 and OCTEON 10 CN103.

Two New Marvell OCTEON 10 Processors Bring Server-Class Performance to Networking Devices

Perseus is the industry's first 400/800 Gbps 5nm PAM4 optical DSP integrating both a TIA and VCSEL driver for optimal short-reach connection performance. Spica Gen2, an 800 Gbps PAM4 optical DSP engineered for connections ranging up to 10km in length, is now in volume production.

Marvell Extends Connectivity Leadership for Accelerated Computing With Two Cloud-Optimized PAM4 Optical DSPs

Marvell Technology's NASDAQ: MRVL stock is at a critical pivot point, trading near critical support in the middle of a trading range. The technical outlook is biased to the downside, but a new low may not be in the cards.

Marvell Technology at a critical pivot: 30% upside is possible

Marvell Technology Inc. (MRVL) shares fell over 5% early Friday after the chip maker's revenue declined and its forecast for the fourth quarter came in lower than expected amid a "weak environment."

Marvell Shares Tumble as Revenue Forecast Misses Estimates, Citing 'Weak Environment'

Marvell's (MRVL) third-quarter performance reflects the negative impact of customer inventory reduction actions and a weakening enterprise market due to ongoing macroeconomic uncertainty.

Marvell (MRVL) Q3 Earnings Beat, Stock Falls on Tepid Guidance

Analysts remain confident Marvell will gain from investments in artificial intelligence.

Marvell Stock Drops After Earnings. Analysts Say Be Patient on the AI Story.

Marvell Technology, Inc. (NASDAQ:MRVL ) Q3 2024 Earnings Conference Call November 30, 2023 4:45 PM ET Company Participants Ashish Saran - SVP of IR Matt Murphy - Chairman and CEO Willem Meintjes - CFO Conference Call Participants Toshiya Hari - Goldman Sachs Timothy Arcuri - UBS Vivek Arya - Bank of America Merrill Lynch Harsh Kumar - Piper Sandler Tore Svanberg - Stifel Ross Seymore - Deutsche Bank Matt Ramsay - TD Cowen Ambrish Srivastava - BMO Harlan Sur - JPMorgan Christopher Rolland - Susquehanna Srini Pajjuri - Raymond James Chris Caso - Wolfe Research Operator Good afternoon, and welcome to Marvell Technology Inc. Third Quarter of Fiscal Year 2024 Earnings Conference Call. All participants will be in listen-only mode.

Marvell Technology, Inc. (MRVL) Q3 2024 Earnings Call Transcript

Although the revenue and EPS for Marvell (MRVL) give a sense of how its business performed in the quarter ended October 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About Marvell (MRVL) Q3 Earnings

Marvell Technology (MRVL) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.57 per share a year ago.

Marvell Technology (MRVL) Surpasses Q3 Earnings and Revenue Estimates

Marvell Technology Group Ltd. (NASDAQ:MRVL) shares slid 2.6% after the bell Thursday on declining third-quarter revenue and underwhelming guidance.

Marvell Technology stock falls on uninspired 3Q guidance

Chipmaker Marvell edged above analyst estimates for its fiscal third quarter but missed with its guidance for the current period.

Chipmaker Marvell Technology Tops Q3 Views, Guides Analysts Lower

Marvell Technology Inc. expects a sequential acceleration in its data-center business during the current quarter, and its shares were heading higher in Thursday's aftermarket action despite lower-than-expected overall guidance.

Marvell's stock rises after earnings, with data-center sales set to accelerate

Q3 Net Revenue: $1.419 billion, declined by 8% year-on-year Q3 Gross Margin: 38.9% GAAP gross margin; 60.6% non-GAAP gross margin Q3 Diluted income (loss) per share: $(0.19) GAAP diluted loss per share; $0.41 non-GAAP diluted income per share SANTA CLARA, Calif. , Nov. 30, 2023 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the third quarter of fiscal year 2024.

Marvell Technology, Inc. Reports Third Quarter of Fiscal Year 2024 Financial Results

Marvell Technology's (MRVL) Q3 performance is likely to have been negatively impacted by softness in its product demand as OEMs are rescheduling orders to manage excess chip inventories.

Is a Beat Likely for Marvell Technology (MRVL) in Q3 Earnings?

Membership reinforces company's commitment to innovation in data center network infrastructure, Ethernet technology and standards-based open ecosystems SANTA CLARA, Calif. , Nov. 28, 2023 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced it has joined the Ultra Ethernet Consortium (UEC), part of the Linux Foundation's Joint Development Foundation.

Marvell Joins Ultra Ethernet Consortium to Drive Network Enhancements for AI and Accelerated Computing

Marvell Technology has experienced a 55% year-to-date rally and is still undervalued despite this increase. The company's financial performance has been solid, with revenue almost doubling in the last three fiscal years. Challenges in navigating oversupply and caution among enterprise purchasing managers have impacted revenue, but these issues are expected to be temporary.

Marvell: High-Quality Business Attractively Valued

Beyond analysts' top -and-bottom-line estimates for Marvell (MRVL), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended October 2023.

Unveiling Marvell (MRVL) Q3 Outlook: Wall Street Estimates for Key Metrics

Marvell (MRVL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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