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Marvell stock sinks 8%: is its $120B Google deal taking too long to pay off?

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Marvell Technology stock (NASDAQ: MRVL) sank nearly 8% in Friday premarket trading as investors looked past another solid quarter and focused instead on when its enormous Google AI-chip opportunity will materially lift revenue. Fiscal secon…

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Marvell stock sinks 8%: is its $120B Google deal taking too long to pay off?
Invezz 2h ago

Marvell stock sinks 8%: is its $120B Google deal taking too long to pay off?

Marvell Technology stock (NASDAQ: MRVL) sank nearly 8% in Friday premarket trading as investors looked past another solid quarter and focused instead on when its enormous Google AI-chip opportunity will materially lift revenue. Fiscal secon…