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Marvell’s stock rises on strong AI demand
Marvell’s stock rises on strong AI demand, but this trend may be just as big
Chief Executive Matt Murphy, for his part, said that “the exceptional performance” in the fiscal third quarter and the outlook for the current quarter are mostly thanks to Marvell’s AI silicon programs and “robust ongoing demand” from cloud customers.
Marvell Shares Surge on AI Chip Demand, Forecasts Strong Q4
Marvell Technology's shares jumped over 13% in premarket trading on Wednesday after the chipmaker's optimistic forecast boosted investor confidence in AI-related stocks. The company, which produces custom AI chips for major cloud provider that help GenAI speedily process large amounts of data,
Chipmaker Marvell's shares jump to record high on AI-powered Q4 forecast
By Arsheeya Bajwa (Reuters) -Marvell Technology's shares surged about 22% to a record high on Wednesday after the chipmaker's optimistic forecast boosted investor confidence in AI-linked stocks. If gains hold,
Business Insider
11d
The stock market is soaring. Wall Street's biggest names say to be careful.
There's the so-called "Warren Buffett indicator," or the ratio of total stock
market
capitalization
-to-GDP. And then the ...
2d
Tesla’s Market Value Increased More Than All Other Companies in November
Trump's victory and promises of relaxed regulations on self-driving cars pushed investors to drive the EV maker's stock ...
4d
on MSN
Cryptocurrency Market Weekly News: Bitcoin Nears $100k, and Stablecoins Market Cap cross $190 billion
Bitcoin Price Nears $100k. What's Next for Crypto? At the beginning of the week, Bitcoin, often referred to as a digital gold ...
2d
Tesla leads November's global market value surge
The company's market value surged on reports that Donald Trump's transition team plans to relax federal regulations on ...
7d
Nvidia's Journey To The Top With $3.5 Trillion Market Capitalization: How The AI Chip Giant Transformed Post-COVID
Nvidia's journey to a $3.53 trillion market cap showcases its evolution from a GPU powerhouse to a leader in AI and data ...
8d
Crypto market sheds $180 billion in a day as bitcoin slides further from $100,000 milestone
Bitcoin’s price retreated further from the psychologically important $100,000 milestone as investors booked profits from the ...
Yahoo Finance
5d
How Elon Musk's memes, jokes, and passing thoughts influence the stock market
Five hours before Trump's 6 a.m. announcement, Dogecoin's
market
capitalization
was nearly $53 billion. CoinMarketCap ...
Nairametrics
2d
XRP surges by 64.3% becoming the third-largest crypto asset by market capitalization
XRP, the native crypto asset of the Ripple network has surpassed Solana and Tether to become the third-largest crypto asset ...
Hosted on MSN
1h
Nigerian stock market gains N286bn as Goldbrew, others lead
The Nigerian Exchange recorded a N286bn boost in market capitalization on Wednesday, closing at N59.5tn. This followed a ...
3d
XRP Tops $100B Market Cap, Reaches 2018 Levels, as Ripple’s RLUSD Close to Approval
The surge brought 7-day gains to 30%, outperforming bitcoin (BTC) and other majors, while 30-day gains stand at nearly 300%, data from CoinGecko show.
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