Marvell’s stock sinks despite earnings beat and strong guidance

Chipmaker Marvell Technology Inc. beat expectations and posted guidance that came in just above Wall Street’s estimates, but it wasn’t enough to impress investors, and its stock was headed south in after-hours trading. The company, which designs custom artificial intelligence processors as well as standard chips and optical networking technology, has emerged as a major […] The post Marvell’s stock sinks despite earnings beat and strong guidance appeared first on SiliconANGLE .