Marvell Technology reported a strong Q2 with revenue up 37% year-over-year and slight beats on revenue and earnings per share. The data center segment grew 46% YoY, driven by demand for AI and custom ASICs, with management forecasting over 60% growth by fiscal 2028. Operating margins improved on a non-GAAP basis, but GAAP margins remain lower due to stock-based compensation. Despite solid growth and a positive outlook, Marvell's stock trades at a premium compared to peers, leading analysts to rate it as a Hold due to better growth and value opportunities elsewhere.
Marvell Technology reported a 37% revenue increase in Q2, beating estimates but growing slower than AI chip leaders like Nvidia and Broadcom. Despite management's optimistic guidance for 50% revenue growth in Q3, Marvell's stock valuation remains hig...
In 2026, the VanEck Semiconductor ETF (SMH) returned an impressive 87.86%, largely driven by heavy holdings in NVIDIA and Taiwan Semiconductor. However, three other semiconductor ETFs—Invesco Semiconductors ETF (PSI), Xtrackers Semiconductor Select E...
Marvell Technology reported a 37% year-over-year revenue increase to $2.7 billion in Q2 2026, surpassing analyst expectations. The company’s data center segment saw a 46% revenue rise to $2.2 billion, fueling overall growth. Adjusted earnings per sha...
Marvell Technology is set to report its Q3 earnings on August 27, 2026, with analysts forecasting earnings per share of $0.93 and revenue of $2.72 billion, reflecting a 35% year-over-year increase. This growth is fueled by strong demand in the AI chi...
Credo Technology's stock surged nearly 95% over the past year, driven by strong revenue growth and successful AI infrastructure products. Despite a recent 21% drop, fundamentals remain solid with FY2026 revenue tripling to $1.3 billion and management...
