Marvell Technology Reports Profit Doubling – Investors are Skeptical Despite the AI Boom
Reading Time: 4 minutes
Marvell Technology has reported impressive results in the second quarter of fiscal year 2026. The semiconductor manufacturer continues to benefit from the booming demand in the field of artificial intelligence (AI) and the massive expansion of global data centers. However, despite the outstanding numbers, investors reacted disappointedly – the stock lost double digits in after-hours trading because the forecast for the current quarter fell short of high expectations. Record revenue and profit jump With a revenue of $2.006 billion , Marvell...
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