|Bid||48.05 x 1100|
|Ask||48.19 x 3200|
|Day's range||46.88 - 49.04|
|52-week range||43.68 - 93.85|
|Beta (5Y monthly)||1.27|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.24 (0.51%)|
|Ex-dividend date||07 July 2022|
|1y target est||N/A|
What happened Shares of Nvidia (NASDAQ: NVDA) continued their rally today following its quarterly earnings. Tech stocks overall were up, as measured by the Nasdaq Composite's 1.2% gain as of 11:30 a.m.
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Marvell Technology Group (NASDAQ: MRVL) has borne the brunt of the stock market sell-off in 2022 so far, but shares of the chipmaker were soaring following the release of its fiscal 2023 first-quarter results (for the three months ended April 30) on May 26. The company, whose chips are used in several fast-growing areas such as data centers, automotive, enterprise networking, and carrier infrastructure, reported impressive growth in revenue and earnings. Let's take a closer look at Marvell's quarterly performance and check why this semiconductor stock could sustain its impressive growth for a long time to come.