Marvell's CEO Says the Company Didn't Lose Any Orders. Why Was Wall Street So Worried, and How Should You Play MRVL Stock Here? [Yahoo! Finance]
Microsoft Corporation (MSFT)
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Source: Yahoo! Finance
company could be losing key custom chip orders from hyperscale customers Microsoft (MSFT) and Amazon (AMZN). The headlines were enough to send Marvell's stock sharply lower, wiping out billions in market value and reviving broader concerns about competition. Management, however, has pushed back forcefully against that narrative. CEO Matt Murphy publicly dismissed the reports, stating that Marvell has not lost any business with Microsoft or Amazon and emphasizing that the company's data center business remains “rock solid.” Several Wall Street analysts echoed that view. Inflation Data, AI Earnings and Other Can't Miss Items this Week Broadcom Stock Dips Post Earnings: Is AVGO a Buy, Sell, or Hold? Is IBM the Top Tech Stock to Buy for 2026? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! With MRVL stock now caught between lingering skepti
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