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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,
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 ...
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 ...
InvestmentNews
2d
What is XRP and why has its market cap jumped $100B in a month?
XRP, a cryptocurrency associated with Ripple Labs, has become the third largest crypto with a surge in market capitalization ...
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 ...
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.
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 ...
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 ...
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 ...
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 ...
blockonomi
15h
VeChain (VET) Price Soars Past $0.07: Market Cap Approaches $6 Billion After Rally
VeChain's VET token has reached a two-year high of $0.0726, marking a 265.5% monthly gain amid broader market rally, with ...
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