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Marvell’s explosive AI results push stock up a strong 9%

15h

For anyone wondering whether the AI infrastructure spending boom is slowing down, Marvell Technology had a clear answer tonight. The semiconductor company reported fourth-quarter adjusted earnings of 80 cents per share on revenue of $2.22 billion, beating analyst expectations of 79 cents per share on $2.21 billion. Shares jumped 9% in after-hours trading following the […]

The postMarvell’s explosive AI results push stock up a strong 9%appeared first onRolling Out.

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