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Marvell Slumps on Weak Data Center Outlook; Microsoft (MSFT) Chip Delay, Nvidia (NVDA) Slowdown

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Marvell plunged after a weak data-center outlook and flat Q3 guidance, citing customer lumpiness and a delayed Microsoft in-house AI chip rollout.
  • Nvidia beat but showed slower data-center growth, while AWS is losing share to Microsoft Azure and Google Cloud.
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MSFT price history

505.41 +6.63% over the displayed period

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