earnings report
AI Chip Stock Set to Soar After December 3 Announcement
NeelRatan
Marvell Technology is anticipated to report a strong Q3 earnings, driven by AI growth, potentially solidifying its 54% year-to-date stock surge. Following positive forecasts, Evercore ISI has raised its price target for Marvell from $98 to $122, reflecting growing confidence in the company’s performance.
Nvidia Earnings Boost TSMC as Apple Sees New Bullish Outlook
NeelRatan
Nvidia's stock has faced a downturn following its earnings report, revealing two significant flaws that analysts highlighted. This led to a rare downgrade and a missed bullish outlook, prompting concerns over future expectations and competition, particularly with the Blackwell ramp.
