News
MRVL
65.56
-1.38%
-0.92
BofA’s US 1 List - New additions include CSCO, GS and SPGI
BofA’s US 1 List - New additions include CSCO, GS and SPGI. The newest additions to the US 1 list include Cisco Systems, Goldman Sachs Group and S&P Global. The list is a collection of BofA's best investment ideas from buy-rated stocks.
Seeking Alpha · 19h ago
Marvell (MRVL) Receives a Rating Update from a Top Analyst
TipRanks · 22h ago
Stocks Pressured by Higher Bond Yields and Chip Stock Weakness
Stronger-than-expected US jobless claims and Apr Philadelphia Fed business outlook survey push T-note yields higher. The Nasdaq 100 falls to a 1-3/4 month low this morning. Overseas stock markets today are higher. Weakness in chip stocks for a second day is weighing on the overall market. Genuine Parts Co. Is up more than +11% after reporting better- than-expected Q2 revenue.
Barchart · 1d ago
Reflecting On Semiconductor Manufacturing Stocks’ Q4 Earnings: Kulicke and Soffa (NASDAQ:KLIC)
The semiconductor industry is driven by demand for advanced electronic products like smartphones and PCs. The 14 semiconductor manufacturing stocks we track reported a mixed Q4. Kulicke and Soffa had the weakest performance against analyst estimates in the group. Nova and Marvell Technology had the best and worst Q4s.
Barchart · 1d ago
Stocks Post Moderate Losses as Chip Stocks Retreat
S&P 500 and Nasdaq 100 fall to 1-3/4 month lows; Dow Jones Industrials close down to 2-month low. European stock markets settle mixed; China's Shanghai Composite climbs to a 1-week high. Fed Beige Book neutral for stocks as it says economy has expanded slightly. US mortgage applications rose in the week ended April 12.
Barchart · 1d ago
ClearBridge Sustainability Leaders Strategy Q1 2024 Portfolio Manager Commentary
U.S. Equities continued their upward march in the first quarter as the momentum rally showed few signs of flagging. ClearBridge was active in seizing opportunities as a concentrated market left pockets where excellent assets were undervalued. The Strategy delivered strong absolute performance driven by industrials and consumer discretionary holdings.
Seeking Alpha · 2d ago
A Look Back at Semiconductor Manufacturing Stocks' Q1 Earnings: Semtech (NASDAQ:SMTC) Vs The Rest Of The Pack
The 14 semiconductor manufacturing stocks we track reported a mixed Q1. On average, revenues beat analyst consensus estimates by 2.4%. The semiconductor industry is driven by demand for advanced electronic products like smartphones, PCs, and data storage. Semtech (NASDAQ:SMTC) had the best Q1 and Marvell Technology the worst. Semiconductor manufacturing shares have shown resilience since the previous earnings season.
Barchart · 2d ago
Marvell Analyst Tags Stock as Top Pick for AI Boom, Predicts Significant Industry Upswing
Evercore ISI Group analyst Mark Lipacis initiated coverage on Marvell Technology Inc. With an Outperform rating and a price target of $88. The analyst highlighted a positive long-term view of the semiconductor sector with an optimistic outlook. He favored companies in the Internet of Things and Parallel Processing.
Benzinga · 2d ago
QTEC: Technology Sector Dashboard For April
monthly article series provides industry metrics in information technology. First Trust NASDAQ-100-Technology Sector Index Fund ETF (QTEC) is overvalued by 32% regarding my metrics. QTEC: Technology Sector Dashboard for April 2024 shows aggregate industry metrics for the tech sector. The metrics are designed for stock-picking rather than index investing.
Seeking Alpha · 2d ago
Broadcom, Marvell, Analog Devices And More Semiconductor Stocks Poised For 6%-8% Revenue Growth: JPMorgan
JPMorgan analyst Harlan Sur shares an optimistic outlook for the semiconductor industry. The sector has continued to outperform broader indices YTD. The iShares Semiconductor ETF is up 12.12% as compared to the benchmark S&P 500 Index. Sur expects accelerated compute and AI demand to drive growth in the industry.
Benzinga · 2d ago
Should You Invest in Marvell (MRVL) Based on Bullish Wall Street Views?
NASDAQ · 2d ago
Marvell likely to benefit from AI growth, Evercore says
Research firm Evercore ISI says Marvell Technology likely to benefit from continued spending in artificial intelligence. The company held an AI-related event last week. Marvell is also making progress in datacenter switching, Evercore says. Shares of Marvell were up fractionally in premarket trading on Tuesday.
Seeking Alpha · 2d ago
AMD, Arm, Nvidia in spotlight as Evercore initiates coverage on semiconductor stocks
AMD, Arm, Nvidia in spotlight as Evercore initiates coverage on semiconductor stocks. The investment firm Evercore ISI initiated coverage on the sector on Tuesday. Most semiconductor companies are shipping below consumption, the firm says. There is still the risk of a "mid-cycle correction" in short order, Evercore warns.
Seeking Alpha · 3d ago
Marvell Technology Price Target Announced at $88.00/Share by Evercore ISI Group
Dow Jones · 3d ago
Marvell Technology Initiated at Outperform by Evercore ISI Group
Dow Jones · 3d ago
Analysts Offer Insights on Technology Companies: Adobe (ADBE), Apple (AAPL) and Marvell (MRVL)
TipRanks · 3d ago
Marvell’s Growth Trajectory in AI and Data Center Switching: An In-Depth Analysis and Bullish Outlook
TipRanks · 3d ago
UPDATE 1-Wall Street analysts take a positive view of AI-driven Astera
Wall Street analysts take a positive view of Astera Labs. Shares of the chip firm rose 5.7% at $76.85 in early trading on Monday. Astera is positioned to gain from a burgeoning market for artificial intelligence tools. Most of the ten brokerages started coverage of the company on a bullish note.
Reuters · 3d ago
Wall Street analysts take a positive view of AI-driven Astera
Wall Street analysts take a positive view of AI-driven Astera Labs. Shares of the chip firm rose 2.8% at $74.74 in premarket trading on Monday. Most of the ten brokerages started coverage of Astera with a top rating. Astera sells semiconductor-based data transfer technology for AI and data center applications.
Reuters · 3d ago
Semiconductors likely to offer up 'muted' earnings season: Citi
Semiconductors likely to offer up 'muted' earnings season: Citi. The PC and smartphone markets seem to have stabilized. Citi does not expect AMD to raise its artificial intelligence revenue forecast until the summer. Analog semiconductor companies are likely to post results roughly in-line with guidance.
Seeking Alpha · 4d ago
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About MRVL
Marvell Technology, Inc., through its subsidiaries, is a supplier of data infrastructure semiconductor solutions. The Company is engaged in the design, development, and sale of integrated circuits. Its product solutions serve five end markets, such as data center, enterprise networking, carrier infrastructure, consumer, and automotive/industrial. The Company’s product offerings include custom application-specific integrated circuits (ASICs), electro-optics, Ethernet solutions, fiber channel adapters, processors, and storage controllers. It develops custom system-on-a-chip (SoC) solutions tailored to individual customer specifications. Its electro-optical products include pulse amplitude modulation (PAM) and coherent digital signal processors (DSPs), laser drivers, trans-impedance amplifiers (TIAs), silicon photonics and data center interconnect (DCI) solutions. It offers a portfolio of Ethernet solutions spanning controllers, network adapters, physical transceivers, and switches.