Marvell Technology slides as Wall Street weighs in on results, guidance

1 day ago 1
Marvell Technology office building in Santa Clara, California, USA

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Marvell Technology (NASDAQ:MRVL) was in focus on Friday after the specialty semiconductor company's first-quarter results and guidance showed its custom AI business is on track, even if more confidence is needed.

Shares fell 3% in premarket trading, while competitors Broadcom (

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