MRVL, AVGO: Where Semiconductor Stocks Stand In The A.I. Space

Marvell’s (MRVL) 3Q earnings were recently released. Its adjusted EPS came in at $0.41 versus an estimated $0.40 and revenue came in at $1.42B versus an estimated $1.40B. MRVL’s exposure to telecom, data center storage and auto means the revenue from A.I. is diluted, notes Kim Forrest. She and Daniel Eye discuss the takeaways from these earnings and the outlook for MRVL. Eye notes MRVL has an impressive client list that includes MSFT, GOOGL, NVDA, and AMZN. They go over where MRVL stands in the semiconductor market. They also highlight Broadcom (AVGO). Eye mentions that AVGO will be a major player in the A.I. space where we expect revenue to double next year. Tune in to find out more about the stock market today.

Trading 360

01 Dec 2023

SHARE

Schwab Network's Newsletters

Daily insights for every investor

ON AIR
6:00 pm
The Wrap
replay
12:00 am
The Wrap
REPLAY
12:30 am
Market On Close
REPLAY
2:00 am
Trading 360
REPLAY
3:00 am
Fast Market
REPLAY
4:00 am
Next Gen Investing
REPLAY
5:00 am
Market Overtime
REPLAY
5:30 am
The Wrap
REPLAY
7:00 am
Morning Movers
8:00 am
Opening Bell With Nicole Petallides
9:00 am
Morning Trade Live
10:00 am
Trading 360
11:00 am
Fast Market
12:00 pm
Next Gen Investing
1:00 pm
The Watch List
2:00 pm
Market On Close
3:30 pm
Market Overtime
REPLAY
4:00 pm
Fast Market
REPLAY
5:00 pm
Next Gen Investing
REPLAY
ON AIR
6:00 pm
The Wrap
REPLAY
7:30 pm
Market Overtime
REPLAY
8:00 pm
Market Overtime
REPLAY
8:30 pm
Market On Close
REPLAY
10:00 pm
Trading 360
REPLAY
11:00 pm
The Wrap
REPLAY