|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||77.02 - 80.13|
|52-week range||56.96 - 92.66|
|PE ratio (TTM)||N/A|
|Earnings date||24 Apr 2018 - 30 Apr 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||86.36|
President Trump's decision to pre-emptively block Broadcom's bid for Qualcomm could lead to a global slowdown in large cross-border M&A.
Shares of chip maker Marvell Technology Group (MRVL) are up 15 cents at $23.72, after Argus Research’s Jim Kelleher this morning started the shares with a Buy rating, and a $28 price target, writing that Marvell's market opportunity is doubling as it acquires Cavium (CAVM). Marvell said in November it would buy Cavium for $6.35 billion in cash and stock. Kelleher's initiation comes just ahead of Marvell’s quarterly report tomorrow afternoon, after the closing bell.
On a per-share basis, the San Jose, California-based company said it had a loss of 2 cents. Earnings, adjusted for one-time gains and costs, came to 83 cents per share. The results topped Wall Street expectations. ...
Marvell Technology (MRVL) moves a step closer to the completion of its proposed acquisition of Cavium (CAVM) as waiting period under the HSR Act expired last Friday.
Some of Intel Corp's data centre customers, whose thousands of computers run cloud networks, are exploring using microchips from the market leader's rivals to build new infrastructure after the discovery of security flaws affecting most chips. Whether Intel sees a slew of defectors or is forced to offer discounts, the company could take a hit to one of its fastest growing business units. Microsoft Corp said on Tuesday the patches necessary to secure the threats could have a significant performance impact on servers.
Some of Intel Corp's (INTC.O) data center customers, whose thousands of computers run cloud networks, are exploring using microchips from the market leader's rivals to build new infrastructure after the discovery of security flaws affecting most chips. Whether Intel sees a slew of defectors or is forced to offer discounts, the company could take a hit to one of its fastest growing business units. Microsoft Corp (MSFT.O) said on Tuesday the patches necessary to secure the threats could have a significant performance impact on servers.
In the earlier part of this series, we saw that Marvell Technology’s (MRVL) revenue growth underperformed its peers' due to its high exposure to the declining HDD (hard disk drive) market.
So far in this series, we've seen that the semiconductor industry is consolidating to expand in the emerging IoT (Internet-of-Things) and cloud computing markets.
The semiconductor industry is in the midst of a consolidation wave that started in 2015 when the volume of deals reached its highest level.
The Cavium (CAVM) acquisition could lead to several synergies and boost long-term growth for Marvell Technology (MRVL). This acquisition is very important for Marvell.
The acquisition of Cavium (CAVM) by Marvell Technology (MRVL) would mean several revenue and cost synergies and also change the combined company’s revenue structure.
Marvell Technology (MRVL) is acquiring Cavium (CAVM) to expand in the data center and networking space. The combined company’s complementary portfolio would mean several costs.
The semiconductor industry continues to see consolidation as the world witnesses the fourth technology shift toward the IoT (Internet-of-Things) and AI (artificial intelligence).
Over the last year, Marvell Technology (MRVL) underwent major changes under the leadership of its chief executive officer, Matthew Murphy, who took up the role in July 2016.
The biggest business model change driving the processor market today is purchase habits of top cloud giant customers (with names like Amazon Web Services, Google, Microsoft, Alibaba, Tencent, Baidu, etc.) are now driving datacenter architecture evolution quickly & on worldwide scale.
The Law Offices of Vincent Wong are investigating the Board of Directors of Cavium, Inc. for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Marvell Technology Group Ltd.
The stock price of hardware tech firm Marvell Technology (MRVL) rose 22.5% in November 2017, closing the month at $22.34 on November 30.
Marvell Technology Group beat expectations for its fiscal third quarter and guided higher for the current quarter, giving its stock a boost.