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Stockreport

Marvell Rallies After AI Computing Demand Bolsters Outlook [Yahoo! Finance Canada]

NVIDIA Corporation (NVDA)  More Company Research Source: Yahoo! Finance Canada
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Most Read from Bloomberg Third-quarter profit was 43 cents a share, excluding some items, the company said in a statement Tuesday. That beat the 41-cent average estimate of analysts. Marvell expects earnings on that basis of as much as 64 cents in the current period, well ahead of the 52-cent projection. Chief Executive Officer Matt Murphy has positioned the chipmaker to benefit from an industrywide surge in AI spending. Though it doesn't sell the highly prized AI accelerators that have turned Nvidia Corp. into the world's most valuable company, Marvell offers other components used by cloud-computing providers to develop advanced services. “The exceptional performance in the third quarter, and our strong forecast for the fourth quarter, are primarily driven by our custom AI silicon programs, which are now in volume production,” Murphy said in the statement. The shares gained almost 9% to $104.35 in extended trading after the results were released. They had been up 59% this ye [Read more]
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Stockreport

Marvell Rallies After AI Computing Demand Bolsters Outlook [Yahoo! Finance Canada]

NVIDIA Corporation  (NVDA) 
More Company Research Source: Yahoo! Finance Canada
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Most Read from Bloomberg Third-quarter profit was 43 cents a share, excluding some items, the company said in a statement Tuesday. That beat the 41-cent average estimate of analysts. Marvell expects earnings on that basis of as much as 64 cents in the current period, well ahead of the 52-cent projection. Chief Executive Officer Matt Murphy has positioned the chipmaker to benefit from an industrywide surge in AI spending. Though it doesn't sell the highly prized AI accelerators that have turned Nvidia Corp. into the world's most valuable company, Marvell offers other components used by cloud-computing providers to develop advanced services. “The exceptional performance in the third quarter, and our strong forecast for the fourth quarter, are primarily driven by our custom AI silicon programs, which are now in volume production,” Murphy said in the statement. The shares gained almost 9% to $104.35 in extended trading after the results were released. They had been up 59% this ye [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NVDA
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Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
LAST PRICE
VWAP
High:
MAX UP
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Low:
%
 POST NEWS RANGE
%
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PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS