Chipmaker Marvell Edges Above Estimates But Stock Falls

Technology August 28, 2026 04:00 AM

Marvell Technology (MRVL) late Thursday edged above expectations for its fiscal second quarter and guided higher than views for fiscal Q3. But Marvell stock fell in extended trading. The Santa Clara, Calif.-based maker of data infrastructure semiconductor solutions earned an adjusted 94 cents a share on sales of $2.74 billion in the quarter ended Aug. 1. Analysts polled by FactSet…

Chipmaker Marvell Edges Above Estimates But Stock Falls

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