Marvell Technology Hikes Growth Estimates

by Anusuya Lahiri, Benzinga Editor
October 6, 2021 1:16 PM | 26 seconds read | Make a Comment
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  • Marvell Technology Inc MRVL raised its long-term growth projections from the previous 15% to 15% - 20% at the Marvell Investor Day 2021 event.
  • Marvell Technology is a fabless chipmaker focused on networking and storage applications.
  • The chipmaker recently announced fresh data infrastructure offerings.
  • Price Action: MRVL shares traded higher by 5.12% at $62.43 on the last check Wednesday.
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