GmmaTech

Marvell Technology stock: time to pick it up?

NASDAQ:SEED   Origin Agritech Limited
Marvell Technology is a leading designer, developer and supplier of mixed-signal and digital signal processing integrated circuits. The enterprise and data center sales continue to show strong growth.

The investor sentiment is mixed. The stock fell 13% in the past six months as semiconductor companies are losing the momentum in the stock market. But some investors are very bullish about the company’s prospects in the Internet of Things ( IoT ), automotive cars, and big data.

The next quarter's results will be released after market close on September 06. Investors will be closely listening to the earnings call for more insights into the Cavium deal. It will help the company transition from storage to the data center business.

https://www.finstead.com/bite/Marvell-Te...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.