Reported 1 day ago
Jim Cramer recently reviewed Marvell Technology, Inc. (MRVL), a semiconductor company that has seen its stock drop 44% this year, particularly after disappointing earnings guidance for the third quarter. Cramer emphasized Marvell's custom AI chips, or ASICs, while acknowledging concerns about the company's growth prospects in the AI sector following an 18.5% decrease in stock price due to missed revenue expectations.
Source: YAHOO