Marvell Technology Group Ltd
Why Micron’s NAND is an important business segment
These products offer higher performance, reduced power consumption, and better reliability when compared to traditional hard disk drives. This explains the product’s popularity and rapid proliferation as a data storage medium.
Marvell Technology's Strong Growth Prospects Make its Stock a Buy
What Moves Do Analysts Recommend on Marvell’s Stock?
Marvell is likely to be a potential acquisition target with an enterprise value of $2.6 billion, a cash reserve of $2 billion, and zero debt.
Breaking Down Broadcom’s Financial Performance
In fiscal 3Q17, the latest reported quarter, Broadcom reported revenues of $4.5 billion on a GAAP basis, up 18% year-over-year.
How Is Marvell Looking to Fuel Its Growth Going Forward?
Marvell is currently sampling a variety of products with customers worldwide. Its new product portfolio is expected to increase its revenue in fiscal 2017.
Why Is Qualcomm Stock Rising Today?
Qualcomm (QCOM) stock is up over 2% so far today after the markets rebounded. This rise follows its 4.6% decline on October 8.
Why Did Marvell Technology’s Revenue Fall Again?
Marvell Technology (MRVL) has a market cap of $4.58 billion. Its YTD performance is decreasing due to its revenue falling 15% and 1.78% in 1Q16 and 2Q16.
Why Did Qualcomm Fall 7.4% in November?
Qualcomm’s stock price has been under pressure in 2018. Qualcomm’s stock price has declined almost 9% in the past year as of December 4.
New Management Puts Marvell Back in Business
Communications semiconductor supplier Marvell Technology (MRVL)—a name that has been in the spotlight for an accounting scandal—is showing signs of revival.
New Management to Pull Marvell Technology from Red to Green
Marvell Technology (MRVL) has been in the news for all the wrong reasons in fiscal 2016. MRVL experienced accounting, legal, and management issues that brought its fiscal 2Q16 earnings under scrutiny and resulted in the removal of its co-founders.
This Year’s Three Major Semiconductor Stock Buyback Announcements
This year was not as strong as last year for the semiconductor industry. However, US semiconductor companies’ cash flow was high due to the lower tax rates announced at the end of 2017.
Qualcomm Stock Reacts to US-ZTE Deal that Would Lift the Ban
Qualcomm (QCOM) stock rose 3.6% yesterday after the United States reached a deal with ZTE that will lift a seven-year ban.
Are Dividends at Marvell Safe?
Increasing capital returns to shareholders is one of Marvell’s (MRVL) management’s main priorities. The company returned $155 million to shareholders in fiscal 4Q17.
Gauging the Impact of Restructuring on Marvell’s Wireless Business
Marvell Technology Group’s (MRVL) Mobile and Wireless segment completes its cycle of storing, moving, and accessing data.
How Marvell Plans to Cope with Softness in Storage Space
Marvell’s broad product portfolio is divided into three segments: Storage, Networking, and Mobile & Wireless. Let’s look at the Storage segment.
How Analysts Rate Micron after Q2 Results
Out of the 34 analysts covering Micron (MU), 20 analysts have rated the stock a “buy,” while 12 analysts rated the stock a “hold.”
Inside Marvell’s Wireless Plan
In fiscal 4Q16, Marvell exited its mobile business, which reduced the Wireless segment’s revenue contribution to 18%.
Are Marvell’s Strong Margins Converting into Increased Cash Flows?
Marvell reported positive operating cash flow in the past eight quarters except in fiscal 1Q17, when it paid $750 million in a Carnegie Mellon lawsuit.
NXP Semiconductors Expects Softer Q1 Revenues
NXP Semiconductors announced its preliminary results for the first quarter of 2020 on Tuesday. The company expects softer revenues in the first quarter.
Everything You Should Know before Investing in Nokia Stock
Nokia (NYSE:NOK) had a rough year in 2019. The stock fell more than 36% last year. Can the stock rebound in 2020?
Marvell Stock Soars on Upbeat Earnings, Higher Outlook
Marvell Technology (NASDAQ:MRVL) stock gained around 9.87% in after-hours trading on Wednesday following its fourth-quarter earnings results.
Can AMD Stock Rally more on Analysts’ Upgrades?
Advanced Micro Devices (AMD) stock has been making new highs every other day. On January 9, AMD stock reached its all-time high of $49.96.
Analyzing Broadcom’s Acquisitions in the Software Sector
Broadcom has been making many acquisitions in the software industry. The semiconductor giant seems to be drifting away from its core chip business.
AMD Stock Started 2020 with a Bang: Will It Continue?
Advanced Micro Devices (AMD) stock started 2020 on a high note. The stock rose by 7.06% on Thursday and touched a 52-week high of $49.25.
The Worst Is Over for Broadcom Stock—Can It Rally?
Broadcom (AVGO) stock has grown at a sluggish pace this year, underperforming its peers. AVGO has returned only 27.2% year-to-date.
Why Broadcom Might Sell its RF Wireless Chip Unit
Broadcom (AVGO) plans to sell one of its wireless chip units. The Wall Street Journal stated that Broadcom wants to divest its radio-frequency segment.
Why Did Broadcom Stock Fall despite Upbeat Earnings?
Broadcom (AVGO) stock fell 3.78% on December 13. The company reported its fourth-quarter earnings results on December 12 after the market bell.
Analysts Love Nvidia Stock despite Trade War Fears
Nvidia stock has climbed only 1.2% since reporting its Q3 earnings on November 14. Analysts seem bullish on NVDA despite the US-China trade war fears.
Get Real: Tesla Bears and the ‘Tariff Man’
The Dow Jones Index needs a Santa Claus rally this year. Instead, the Dow Jones might have to contend with the “Tariff Man.”
Analysts Like Marvell Stock amid Trade Deal Hopes
Of the 26 analysts that cover Marvell Technology (MRVL) stock, 22 rated it as a “buy” while four rated it as a “hold.” There were no “sell” ratings on MRVL.
Why Is Microchip Stock Rising Today?
Microchip stock rose in pre-market trading today after the company updated its financial guidance for the third quarter of fiscal 2020.
Marvell’s Q3 Earnings: Mixed Bag amid Trade Uncertainty
Marvell Technology reported mixed third-quarter earnings results yesterday. Its earnings were better than expected, but its revenue fell short.
Nvidia Stock: Is there an Upside despite Tariff Fears?
Nvidia (NVDA) stock fell 3.46% on Monday and closed the trading day at $209.25. At this closing price, the market cap stands at around $128.1 billion.
Highlights of Greenlight Capital holdings in 4Q14
The value of Greenlight Capital’s US long portfolio in the last reported 3Q14 13F was $6.9 billion.
Cisco: Weak Revenues Warn Investors of a Slowdown
Cisco Systems (CSCO) has been delivering better-than-expected earnings and revenues in every quarter for the last two fiscal years.
Get Real: Recession Fears, Is It Time to Panic?
In today’s Get Real, we saw the rationale of recession fears, the latest about Tesla’s European Gigafactory, Nike’s departure from Amazon, and more.
Marvell Hits a High on Microsoft Deal—What’s Next?
Marvell Technology (MRVL) stock rose around 4.16% on November 12 after the chip maker inked a deal with Microsoft (MSFT).
Micron Stock: Why UBS Has Turned Bearish
Micron (MU) stock fell in premarket trading today. It was down 1.34% as of 4:52 AM ET after UBS slashed its outlook. It also fell 2.5% on November 8.
Marvell Stock: Should You Buy on Trade Deal Hopes?
Yesterday, the US and China agreed to cancel their imposed tariffs. The trade deal hopes could boost Marvell stock. Is now the time to buy?
Qualcomm Stock Rising on Earnings, Licensing Revenues
Qualcomm stock rose as much as 6% in the extended trading on Wednesday due to its earnings results. The company posted upbeat fourth-quarter results.
Was Jim Cramer Right to Back Nvidia over Microchip?
Cramer seems to be very bullish on Nvidia stock. Notably, the stock looks solid. The company is set to report its third-quarter earnings on November 14.
Nvidia Rose, Analyst Upgraded Stock before Earnings
On Monday, Nvidia (NVDA) stock rose 3.9% and closed at $210.50. At the closing price, the company’s market capitalization was $128.2 billion.
Marvell Stock Is Soaring Today: Semiconductor News
Chipmaker Marvell Technology (MRVL) is trending upward during today’s trading session as the market got some good news for semiconductor stocks.
Overview: AQR Capital Management positions in 1Q14
AQR Capital opened new positions in the quarter—the notable ones being Riverbed Technology Inc. (RVBD) and Nordion Inc. (NDZ).
AMD Earnings: What CEO Lisa Su Has to Offer in Q3
AMD will report its third-quarter earnings results today after the market bell. The stock is trending higher before its third-quarter earnings results.
NVIDIA Stock: A Price Target and Valuation Update
NVIDIA stock is down 32.5% in the past year amid the burst of the cryptocurrency bubble and trade war fears. NVDA has risen since its Q2 results.
Intel Stock Looks Good before Its Q3 Earnings
Intel (INTC) stock fell 1.12% on Thursday and closed at $51.86. The stock was trading 13.0% below its 52-week high of $59.59.
Micron Stock: Why Analysts Think It Is Undervalued
Micron (MU) stock was up 4.21% on Friday and closed at $45.10. MU was trading 12.2% below its 52-week high of $51.39 for a market cap of $49.9 billion.
China Trade Deal: Will Uptrend in Chip Stocks Continue?
The US and China reached the first phase of the trade deal after struggling for over a year. The “very substantial” deal happened after 13 rounds of talks.
What’s Evercore’s Semiconductor Outlook?
Evercore ISI downgraded Western Digital (WDC) and Analog Devices (ADI) from “outperform” to “in line.”
Broadcom Stock Fell in September: Will Weakness Continue?
Broadcom stock closed the trading day at $274.85 and fell 0.44% on October 1. The stock was trading 14.9% below its 52-week high of $323.20.
Micron Stock: A Target Price and Valuation Update
Micron stock is cyclical. It soars in an upturn and falls in a downturn. In the last upturn period, which lasted for two years, Micron stock surged 570%.
Micron Stock Fell on Disappointing Guidance
Micron Technology reported upbeat fourth-quarter fiscal 2019 results on September 26 after the market closed. Micron stock fell 1.76% to $48.60 on the day.
Micron Stock: Analysts Are Upbeat before Q4 Earnings
Micron is scheduled to report its fourth-quarter earnings after the closing bell today. Micron stock has been in focus due to improving chip trends.
Can Broadcom’s Stock Offering Reduce Its Debt Burden?
Yesterday, Broadcom (AVGO) stock fell 2.70% in after-hours trading after the chipmaker announced a convertible stock offering.
Analysts Are Bullish on Micron Stock, So Is Jim Cramer
Last week on CNBC’s Mad Money, host Jim Cramer signaled bullishness toward Micron stock. The stock, currently trading at $49.60, rose 0.9% yesterday.
Micron: Why Is J.P. Morgan Betting on the Stock?
Micron stock has been rising. On September 20, a J.P. Morgan analyst increased the target price on Micron stock to $65 from $50.
Why Micron Has Become an Analyst Favorite
Chip maker Micron Technology (MU) is suddenly gaining the attention of analysts despite struggling with several challenges.
NVIDIA-Mellanox Deal at Risk amid Trade War Fears
Chipmaker NVIDIA (NVDA) agreed to acquire data connectivity company Mellanox Technologies (MLNX) for around $7 billion in March.
Marvell Stock Fell Due to Lower Guidance, Huawei Ban
Marvell stock lost more than 6.8% in after-hours trading on Thursday. The company posted upbeat results for the second quarter of fiscal 2020.
NXP Falls 2.5% on Weak Earnings Guidance
This week’s first semiconductor earnings were those of NXP Semiconductors, which released its second-quarter numbers today.
Why NXP’s Purchase of Marvell’s Wi-Fi Business Is a Big Deal
NXP Semiconductors (NXPI) is buying Marvell’s (MRVL) wireless connectivity business for $1.8 billion. The business that NXP is purchasing from Marvell consists of Wi-Fi and Bluetooth assets.
Marvell to Expand into Cloud and Data Center Infrastructure
The agreement between Marvell and Arm is expected to benefit Marvell in the server processor technology space for at least three years.
Marvell Agrees to Sell Its Connectivity Business
On May 30, Marvell Technology (MRVL) shares rose 3.1% to $22.02 after the company agreed to sell its wireless connectivity business.
Why Is NXP Buying Marvell’s Wi-Fi and Bluetooth Business?
NXP Semiconductors announced its intention to buy Marvell Technology’s wireless connectivity business for a cash deal worth $1.76 billion.
Avera Purchase Deal Should Boost Marvell’s Top Line and Earnings
Marvell Technology Group (MRVL) stock rose more than 3% on May 22 to $22.40. Late on May 21, the company signed a deal to buy Avera.
Trump’s Huawei Ban Pulls Down US Chip Stocks
Last week, Donald Trump blacklisted Chinese telecom giant Huawei Technologies amid rising US-China trade tensions.
Why Did Micron Stock Fall 2.3% on April 4?
Micron shares fell ~2.3% on April 4 to $42.89 after an analyst downgraded the stock. Morgan Stanley slashed Micron’s rating to “underweight.”
Why Semiconductor Stocks Were on Fire Yesterday
Major technology stocks, particularly semiconductor stocks, rose on Wednesday amid the wave of optimism about a trade deal between the US and China.
What Drove US and South Korean Semiconductor Stocks on March 21?
On March 21, US and South Korean semiconductor stocks surged after Micron Technology reported upbeat fiscal 2019 second-quarter results.
Why Cypress Stock Was Up 2.16% on Monday
Cypress Semiconductor (CY) rose 2.16% on March 11 to $15.13 after the company received regulatory approval for its joint venture with SK Hynix.
Marvell Stock Up despite Weak Q4 Earnings Results
Marvell Technology (MRVL) stock gained 3.75% on Monday and closed at $19.38.
What Is Starboard Value Seeking at Symantec?
Starboard Value’s nominees to the Symantec board include directors at semiconductor companies Advanced Micro Devices (AMD) and Marvell Technology (MRVL).
Other Competition Accelerators for NVIDIA Today
To be sure, NVIDIA is facing strong competition from chip giant Intel, which is moving aggressively in AI through acquisitions and organic growth efforts.
A Look at Marvell’s Cash and Debt Position
Marvell Technology (MRVL) improved its profitability significantly in the last year by cutting costs and refocusing its research and development efforts on high-margin, high-growth markets.
What’s Driving Marvell’s Revenue Growth in Fiscal 2018?
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.
Acquisition Offers Show Semiconductor Companies’ True Value
The semiconductor industry is in the midst of a consolidation wave that started in 2015 when the volume of deals reached its highest level.
Why the Cavium Deal Is Important for Marvell’s Shareholders
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 Revenue Structure of the Combined Marvell-Cavium
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.
Potential Synergies of the Marvell-Cavium Deal
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 Reason for Marvell’s Acquisition of Cavium
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).
What Drove Marvell Tech’s Stock Higher Last Month?
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.
Why Marvell Technology Agreed to Acquire Cavium
Chipmaker Marvell (MRVL) has planned to acquire its rival Cavium (CAVM) in a deal valued at about $6 billion—for $40 per share and 2.1757 of its common shares for each Cavium share.
What It Takes to Make the Top 5 Highest-Valued Semiconductor Stock List
As of September 12, 2017, Broadcom (AVGO) had the highest PE ratio of 203.54x, followed by Nvidia (NVDA) at 48.4x.
Why Are TSM, MU, and KLAC among the Top 6 Overbought Semi Stocks?
The large trading activity in Qualcomm (QCOM) is pushing the stock into the oversold category with a 14-day RSI score of 39.
How Is Cypress Stock Performing Compared to Its Peers?
In the last 12 months, Cypress’s stock price rose 26%, outperforming the S&P 500 Index (SPY), which rose 14%.
A Look at Qualcomm’s Valuation
Inside Qualcomm’s price and valuation multiples Qualcomm’s (QCOM) book value per share in 2016 was ~$21.20, compared with the expected book value per share of ~$20.60 in 2017. Qualcomm shares are trading at price-to-book value of ~2.7x. In comparison, Intel’s (INTC), Advanced Micro Devices’ (AMD), Micron Technology’s (MU), and Marvell Technology’s (MRVL) book values per […]
How Cypress Streamlined Operations Using Market Approach
Cypress Semiconductor (CY) is reducing its manufacturing footprint. Instead, it’s improving fab utilization and optimizing its portfolio.
Understanding Marvell’s Growth Strategy in Networking
Marvell’s storage business is likely to witness seasonal weakness that should be slightly offset by Networking revenues.
Marvell’s Divestment Strategy: Where It’s Headed
Marvell’s (MRVL) restructuring program will involve selling off non-strategic businesses.
AMD Stock Continues to Fall in 2017
Advanced Micro Devices (AMD) stock fell 9.4% in the week ended January 20, 2017. Shares of the firm have fallen 14% since the start of 2017 after an incredible run last year.
What Caused AMD’s and Marvell’s Stocks to Outperform the Market?
There were some big surprises in the semiconductor space in 2016. Advanced Micro Devices (AMD), which had been nearing bankruptcy, became a top performer.
What’s Really Driving Optimism among Marvell’s Shareholders?
Marvell Technology’s major strength is its zero debt, which removes the burden of interest payments, leaving a major portion of its profit for shareholders.
Understanding Marvell’s Growth Strategy in the Networking Space
After Storage, Networking is Marvell Technology Group’s (MRVL) largest segment, accounting for 23% of the company’s revenue in fiscal 3Q17.
What’s in Store for Marvell in the Storage Space?
Marvell Technology Group’s (MRVL) Storage segment accounted for 50% of the company’s revenue in fiscal 3Q17.
Inside Marvell’s Restructuring Strategy
Marvell Technology Chief Executive Officer Matthew Murphy stated that Marvell’s strengths are in “storing, moving, and accessing data at high speeds.”
What Does Marvell Technology Aim to Achieve through Restructuring?
Marvell Technology (MRVL) plans to complete its restructuring by the end of October 2017 and achieve total cost savings of ~$250 million.
How True Are Cypress’s Acquisition Rumors?
Cypress Semiconductor isn’t the only semiconductor company to have seen a recent change in management.
Analysts: Intel and China Are Interested in Micron
Micron Technology (MU) is among the few pure-play memory suppliers. It’s exposed to the risks and opportunities of the highly commoditized memory market.
Why Has 2016 Been Good for the Fidelity Series All-Sector Equity Fund?
The Fidelity Series All-Sector Equity Fund (FSAEX) has had a great 2016 so far. However, its total returns are still lower than the passively managed SPDR S&P 500 ETF Trust (SPY).