CFRA’s Angelo Zino said in a latest program on Schwab Network that the most important thing to note in Marvell Technology Inc (NASDAQ:MRVL) results and call was that the company’s AWS and other key products and partnerships are intact.
“More importantly again, 2026 there’s a three nanometer product launch tied to AWS and they reconfirm that product as well as the fact that they expect higher volume from that. He also talked about some other, another hyperscaler that remains very strong in terms of engagement levels and their expectation of ramp as well going into 2026. So I think they did a really good job on the call, really kind of simmering some of those concerns that we’ve heard in the market here over the last couple of weeks and months. And I think that was really the most important thing that you needed to hear on this call. This could have really gone really badly and we could have been talking about a stock down 15 to 20%.”
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Alger Mid Cap Focus Fund stated the following regarding Marvell Technology, Inc. (NASDAQ:MRVL) in its Q1 2025 investor letter:
“Marvell Technology, Inc. (NASDAQ:MRVL) is a leading semiconductor company that designs advanced standard and customized chips, specializing in complex system-on-chip solutions combining analog, mixed-signal, and digital processing technologies. Marvell’s extensive portfolio covers computing, networking, optics, storage, and security applications, serving diverse markets including enterprise, cloud, telecommunications, automotive, and industrial sectors. The company has strategically transformed into a leader in data center silicon through targeted acquisitions and divestitures. Although Marvell reported strong fiscal fourth-quarter operating results that exceeded consensus estimates, shares declined after management’s fiscal first-quarter revenue guidance fell short of analyst expectations. Additionally, broader market concerns about increased tariffs on semiconductor products and a general downturn in AI-related stocks further pressured Marvell’s share price, detracting from quarterly performance. Despite the challenging quarter, we believe Marvell’s robust intellectual property portfolio positions it well to capitalize on long-term growth trends in cloud computing, 5G infrastructure, advanced automotive systems, enterprise networking, and security, supporting sustained sales and earnings growth.”
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Disclosure: None. This article is originally published at Insider Monkey.
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