Unpacking Q3 Earnings: Semtech (NASDAQ:SMTC) In The Context Of Other Semiconductor Manufacturing Stocks [Yahoo! Finance]
Marvell Technology, Inc. (MRVL)
Last marvell technology, inc. earnings: 3/4 04:05 pm
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Source: Yahoo! Finance
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let's take a look at how Semtech (NASDAQ:SMTC) and the rest of the semiconductor manufacturing stocks fared in Q3. 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 satisfactory Q3. As a group, revenues beat analysts' consensus estimates by 2% while next quarter's revenue guidance was 1.3% below. In light of this news, share prices of the com
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MRVL
News
- Marvell Technology, Inc. (NASDAQ: MRVL) had its price target raised by analysts at Morgan Stanley from $102.00 to $120.00. They now have an "equal weight" rating on the stock.MarketBeat
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MRVL
Earnings
- 12/3/24 - Beat
MRVL
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- MRVL's page on the SEC website