Marvell’s revenues down YoY, but it sees rosier days ahead

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Marvell’s revenues down YoY, but it sees rosier days ahead

Chip company Marvell reported strong growth in its data center AI segment, and that it sees signs of growth returning to the enterprise and carrier infrastructure markets. Net revenue for Marvell’s second quarter of fiscal 2025 was $1.273 billion, which was above the midpoint of its guidance but still down 5% year-on-year. Its net loss for the […]

The post Marvell’s revenues down YoY, but it sees rosier days ahead appeared first on RCR Wireless News.

Chip company Marvell reported strong growth in its data center AI segment, and that it sees signs of growth returning to the enterprise and carrier infrastructure markets. Net revenue for Marvell’s second quarter of fiscal 2025 was $1.273 billion, which was above the midpoint of its guidance but still down 5% year-on-year. Its net loss for the […]

The post Marvell’s revenues down YoY, but it sees rosier days ahead appeared first on RCR Wireless News.

Kelly Hillhttps://www.rcrwireless.com/20240830/chips/marvells-revenues-down-year-on-year-but-it-sees-a-rosier-second-halfhttp://feeds.feedburner.com/rcrwireless/sLmV?format=xmlRCR Wireless News

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