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Excitement for artificial intelligence (AI) has driven a remarkable 2023 rally in technology stocks. Big tech, illustrated by the Nasdaq-100, is up a staggering 31% since January, outpacing the broader Nasdaq index at 25%. The momentum continued with enthusiasm in May. Top performers like Datadog (NASDAQ: DDOG), Marvell Technology (NASDAQ: MRVL), and Zscaler (NASDAQ: ZS) rose as much as 53% last month.
Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced the Brightlane Q622x family of central Automotive Ethernet switches, the highest capacity switches in a new, emerging category of devices for enabling computing architectures to improve safety and deliver software-defined services for the next generation of vehicles.
Think Nvidia shares are too expensive? These three chip stocks will also benefit from AI -- and come at a cheaper price.
The tech-heavy Nasdaq Composite Index wrapped up a historic month, outperforming the Dow Jones by the widest margin since October 2001.
C3.ai shares plummeted after its outlook missed estimates. Yahoo Finance Tech Editor Dan Howley breaks down the company's latest earnings. Howley also discusses the run in AI stocks, including some names to know if you some of them may be too expensive for an investor's budget.
C3.ai shares were punished by investors on Thursday after the company failed to deliver the kind of blowout numbers recently reported by some peers in the AI race.
Investors looking for a cheaper alternative to Nvidia may want to buy this potential AI winner right away.
Marvell Technology may not be left behind in the generative AI race, but it will take some time to reap the rewards.
NVIDIA, Marvell, Microsoft, Arista and Palantir have been highlighted in this Market Edge article.
The Spear Alpha ETF (SPRX) topped the list of the best-performing U.S. equity ETFs in May, gaining 28.3%. The rally was driven by the hype surrounding artificial intelligence (AI) and investors' flight to mega-cap tech stocks.
With the Nasdaq now up more than 2.5% in the last five days, Wood argues there are going to be other winners in the AI space outside of Nvidia.
When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, you can make far...
Investors will have eyes on Friday's jobs report and what's next in the artificial intelligence led rally in stocks.
The Yahoo Finance Live team checks out chip stocks, including Marvell Technology and Nvidia stock movements amid both companies reporting strong earnings driven by AI.
Following in the footsteps of Nvidia (NASDAQ: NVDA), which soared yesterday, Marvell Technology (NASDAQ: MRVL) is off to the races Friday afternoon -- up 28.6% through 1:05 p.m. ET. Actually, that's an even better performance than the 24.4% gain that Nvidia shareholders enjoyed yesterday! In fact, Marvell earned $0.31 per share, and sales were $1.32 billion.
(Bloomberg) -- With the artificial-intelligence hype sweeping across Wall Street, a massive inflow turned a popular ETF tracking chipmakers into the largest of its category.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Clears Congress, Ending Threat of US DefaultWall Street Banks Are Using AI to Rewire the World of FinanceApple Plans Major Retail Push With New Stores Across China, USThe iShares
This may feel like irrational exuberance, but Texas Instruments, Taiwan Semiconductor, and Qualcomm each have roles to play in AI.
(Bloomberg) -- Marvell Technology Inc. surged as much as 28% — the biggest intraday increase since October 2001 — after the chipmaker said it expects revenue from artificial intelligence to soar this year.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireWall Street Banks Are Using AI to Rewire the World of FinanceDebt-Limit Deal Passes the House, Easing US Default ConcernsBillionaire Perot Warns of Real Estate Rec
Yahoo Finance Live discusses a rise in shares of Marvell Technology as the company cites AI as a 'key growth driver'.
Marvell's (MRVL) fiscal first-quarter performance reflects solid demand for its chip in the enterprise networking, carrier infrastructure and automotive end markets.
According to the average brokerage recommendation (ABR), one should invest in Marvell (MRVL). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
Investing.com -- Stocks are surging on Friday as investor optimism rose about lawmakers reaching an agreement on the debt ceiling in the next few days. Here are the market movers for May 26.