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Marvell shares tumble on soft outlook despite 37% revenue growth
CNBC reports Marvell Technology shares fell roughly 6% after its fiscal Q2 report, as the company's outlook underwhelmed investors even though revenue grew 37% year over year. Figures as stated by CNBC: 6% share decline, 37% revenue growth.
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Skip Navigation Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu Key Points Marvell Technology fell as its fiscal 2028 outlook underwhelmed investors. The chipmaker reported Thursday that its second-quarter revenue jumped 37% year-on-year. Analysts said investors had "elevated" expectations due to a recent deal with Google. In this article MRVL Follow your favorite stocks CREATE FREE ACCOUNT An aerial view of Marvell Headquarters in Santa Clara, California, United States on June 2, 2026. Tayfun Coskun | Anadolu | Getty Images Marvel…