Your email has been successfully added to our mailing list.

×
0.000403746770025817 -0.000602390180878583 -0.00153423772609817 -0.00436046511627901 -0.0165132428940569 -0.0107396640826873 -0.0143330103359174 -0.0114664082687339
Stock impact report

Do Custom AI Chips Make Marvell Stock A Buy? [Forbes]

Marvell Technology, Inc. (MRVL) 
Last marvell technology, inc. earnings: 3/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: marvell.com/company/investor_relations
Company Research Source: Forbes
SOPA Images/LightRocket via Getty Images Marvell Technology , a semiconductor company specializing in integrated circuits tailored for the data center space, saw its stock jump by 10% in Friday's trading amid optimism about demand for the company's custom AI chips. While Marvell stock is up by almost 2x this year, the recent rally comes as fellow semiconductor player Broadcom guided that sales of its AI products would grow by 65% in the first quarter. Broadcom's AI business focuses on networking chips and custom AI accelerators, very similar to Marvell's AI initiatives, and some of this optimism appears to have rubbed off on Marvell's stock as well. So why is demand for custom AI chips looking up and what does it mean for Marvell stock? What Are Custom AI Chips? Marvell's entry into the AI space was led by its interconnect solutions for data centers. The bigger opportunity for the company has been developing application-specific integrated circuits (ASICs) that can be used as c Show less Read more
Impact Snapshot
Event Time:
MRVL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
MRVL alerts

from News Quantified
Opt-in for
MRVL alerts

from News Quantified