Tag: Marvell

Is Marvell Technology Group (MRVL) Stock Outpacing Its Computer and Technology Peers This Year?

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Marvell Technology Group (MRVL) one of those stocks right now? By taking a look at the stock’s year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.

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Marvell Technology Group is one of 616 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #10 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups

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After NVIDIA and AMD, Marvell Technology Goes Shopping With $10 Billion Inphi Takeover

Earlier this year, NVIDIA (NASDAQ:NVDA) announced its intent to purchase chip designer ARM Holdings for $40 billion, and more recently AMD (NASDAQ:AMD) reached an agreement to merge with Xilinx (NASDAQ:XLNX) for $35 billion. 

Not to be left out of the feeding frenzy is Marvell Technology Group (NASDAQ:MRVL), which announced on Thursday it inked a deal to acquire data center and 5G mobile-network hardware provider Inphi (NASDAQ:IPHI) for $10 billion.

An illustrated cloud surrounded by computers.

Image source: Getty Images.

Merger and acquisition activity in the semiconductor industry has accelerated in 2020, and it all has to do with cloud computing and data centers. Back in

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Were Hedge Funds Right About Crowding Into Marvell Technology Group Ltd. (MRVL)?

Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback the hedge funds employing these talents and can benefit from their vast resources and knowledge in that way. We analyze quarterly 13F filings of nearly 823 hedge funds and, by looking at the smart money sentiment that surrounds a stock,

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Marvell Technology (MRVL) Gains As Market Dips: What You Should Know

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Needham Sees at Least 30% Upside Potential for These 3 Tech Stocks

Out on Wall Street, who has been leading the charge forward? Tech. After the space’s key players dragged the market lower in September due to overheated valuations, tech is once again at the helm.The rise in tech makes sense. The pandemic helped accelerate a move toward remote work and telecommuting, and this in turn has put a premium on tech products. From the 5G rollout, to improvements in semiconductor chips, to the expansion of IoT and smart device capabilities – tech is everywhere, and it’s growing fast.Bearing

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Marvell Technology (MRVL) Q2 Earnings and Revenues Surpass Estimates

Marvell Technology (MRVL) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 5%. A quarter ago, it was expected that this chipmaker would post earnings of $0.14 per share when it actually produced earnings of $0.18, delivering a surprise of 28.57%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Marvell, which belongs to the Zacks Semiconductor – Communications industry,

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