NasdaqGS:MRVLSemiconductor
Marvell Technology (NasdaqGS:MRVL) Sees 24% Price Dip Despite Turnaround To US$200 Million Net Income
Marvell Technology (NasdaqGS:MRVL) has experienced a significant price decline of 24% over the past week, despite revealing strong earnings figures for Q4 2025, which showed quarterly sales growth and a turn to a net income of $200 million from a previous loss. The company also provided stable revenue guidance for Q1 2025, aligning with their recent technological advancements in AI and cloud infrastructure, such as the introduction of 2nm silicon IP. Meanwhile, the technology sector faced...