Marvell's Long-Term Outlook Well-Received By Investors -- Market Talk
Dow Jones01:40
1240 ET - Marvell Technology and Broadcom are getting a better reaction from investors than Nvidia did last week, as both companies gave greater visibility into the long-term, Benchmark analysts say. Marvell raised its long-term revenue outlook for the full year and the year after, citing strong data center demand. Both Marvell and Broadcom also stressed they have secured sufficient capacity of the industry's most limited resources, including memory. Marvell shares are up 21% on Friday, a contrast with Nvidia, whose stock fell despite the company posting a beat and a raise.(katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
March 06, 2026 12:40 ET (17:40 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments