Marvell Technology reported record second quarter revenue of $2.74 billion Today, beating Wall Street estimates and marking the company’s second consecutive quarter of raised annual guidance, yet shares fell nearly 3% in extended trading as the growth outlook failed to meet the lofty expectations built up during Marvell’s sharp AI fueled rally this year. The […]

The postMarvell just had its best quarter ever. So why did the stock fall?appeared first onRolling Out.