Marvell's Lackluster Forecast Drags 2 Chip Stocks
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Marvell Technology Inc (NASDAQ:MRVL) reported better-than-expected fourth-quarter earnings and revenue but issued a lackluster fiscal first-quarter guidance, impacting other chip stocks.
March 06, 2025 | 8:45 pm
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Marvell Technology reported strong Q4 earnings but issued weak Q1 guidance, which could negatively impact its stock price in the short term.
Despite strong Q4 results, the weak Q1 guidance suggests potential challenges ahead, likely leading to a negative short-term impact on MRVL's stock price.
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