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Marvell’s stock rises on strong AI demand
Marvell’s stock rises on strong AI demand, but this trend may be just as big
Chief Executive Matt Murphy, for his part, said that “the exceptional performance” in the fiscal third quarter and the outlook for the current quarter are mostly thanks to Marvell’s AI silicon programs and “robust ongoing demand” from cloud customers.
Marvell Shares Surge on AI Chip Demand, Forecasts Strong Q4
Marvell Technology's shares jumped over 13% in premarket trading on Wednesday after the chipmaker's optimistic forecast boosted investor confidence in AI-related stocks. The company, which produces custom AI chips for major cloud provider that help GenAI speedily process large amounts of data,
Chipmaker Marvell's shares jump to record high on AI-powered Q4 forecast
By Arsheeya Bajwa (Reuters) -Marvell Technology's shares surged about 22% to a record high on Wednesday after the chipmaker's optimistic forecast boosted investor confidence in AI-linked stocks. If gains hold,
6h
on MSN
Trump taps Paul Atkins to lead the SEC in crypto-friendly move
Atkins is an outspoken supporter of crypto, unlike the current chair Gary Gensler.
4h
on MSN
Altcoin funding rates hit 9-month high — Bullish for altseason or a red flag?
For context, the altcoin rally in February saw some tokens reach 30-day funding rates as high as 25%. These extreme levels ...
2d
Tesla’s Market Value Increased More Than All Other Companies in November
Trump's victory and promises of relaxed regulations on self-driving cars pushed investors to drive the EV maker's stock ...
Inside Bitcoins
10h
Michael Van De Poppe Predicts Profit Rotation After XRP Price Surge – Are These High-Return Crypto Coins Poised To Be Big Winners?
Michael van de Poppe predicts that the XRP price surge of 413% in the past month signals a profit rotation into other ...
8h
Intel At A Crossroads: CEO Retires
Can anyone genuinely rescue Intel from its current predicament? The company's missed mobile and AI chips opportunities have ...
2d
Tesla leads November's global market value surge
The company's market value surged on reports that Donald Trump's transition team plans to relax federal regulations on ...
8d
Crypto market sheds $180 billion in a day as bitcoin slides further from $100,000 milestone
Bitcoin’s price retreated further from the psychologically important $100,000 milestone as investors booked profits from the ...
Crain's Chicago Business
1d
ATI Physical Therapy delisted from NYSE
Selling at about $1.80, the Bolingbrook company's stock will move to the over-the-counter market, more than three years since ...
Nairametrics
2d
XRP surges by 64.3% becoming the third-largest crypto asset by market capitalization
XRP, the native crypto asset of the Ripple network has surpassed Solana and Tether to become the third-largest crypto asset ...
blockonomi
15h
VeChain (VET) Price Soars Past $0.07: Market Cap Approaches $6 Billion After Rally
VeChain's VET token has reached a two-year high of $0.0726, marking a 265.5% monthly gain amid broader market rally, with ...
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