Changes in US stocks | Google's big order “accounting” is too slow, Maywell Technology (MRVL.US) plummeted by nearly 9%

The Zhitong Finance App learned that on Friday, Maywell Technology (MRVL.US) opened low. As of press release, the decline had increased by nearly 9%. According to the news, Maywell Technology's second-fiscal quarter revenue was 2.5 billion US dollars, in line with market expectations. The company's guidance for the third fiscal quarter was revenue of US$3.15 billion, which fluctuated 5%, while analysts had previously estimated revenue of US$3.04 billion. The short-term guidance was slightly higher than market consensus. However, management stressed that the “significant impact” of Google's customized chip revenue cooperation will not be apparent until the 2029 fiscal year and beyond. This point of time is far behind the market's previous expectations, which disappointed investors who had expected the deal to increase performance more quickly.