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0 0 0.000995024875621869 0.000995024875621869 0.00111940298507467 0.00323383084577121 0.00398009950248748 -0.00209577114427872
Stock impact report

Semiconductor Manufacturing Stocks Q2 Highlights: Marvell Technology (NASDAQ:MRVL) [Yahoo! Finance]

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: Yahoo! Finance
The semiconductor industry is driven by demand for advanced electronic products like smartphones, PCs, servers, and data storage. The need for technologies like artificial intelligence, 5G networks, and smart cars is also creating the next wave of growth for the industry. Keeping up with this dynamism requires new tools that can design, fabricate, and test chips at ever smaller sizes and more complex architectures, creating a dire need for semiconductor capital manufacturing equipment. The 14 semiconductor manufacturing stocks we track reported a strong Q2. As a group, revenues beat analysts' consensus estimates by 1.8% while next quarter's revenue guidance was 2.7% below. Inflation progressed towards the Fed's 2% goal recently, leading the Fed to reduce its policy rate by 50bps (half a percent or 0.5%) in September 2024. This is the first cut in four years. While CPI (inflation) readings have been supportive lately, employment measures have bordered on worrisome. The markets wil Show less Read more
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