Marvell Falls 7% on Q1 Guidance, But Long-Term Prospects are Upbeat: 3 Things For Investors to See
After delivering a lackluster outlook for the fiscal first quarter of 2024, Marvell Technology (MRVL) is down 7% in Friday morning trading. The company has surged over the past year thanks in large part to the AI craze, but the rest of the business is struggling. For the fiscal fourth quarter, overall revenue came [...]
