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Reuters

Reuters

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Technology

Marvell's tepid revenue forecast reignites AI spending fears, shares slump

Reuters
Summary
Nutrition label

80% Informative

Marvell tumbled 16% and dragged down rival chipmakers after in-line revenue forecast.

Wall Street had looked to earnings from Marvell for signs of enduring demand that has powered U.S. market gains since ChatGPT ignited the generative AI boom in late 2022 .

The chip sector has also taken a hit from the tariffs imposed by President Donald Trump on countries including China .

Marvell exceeded its fiscal 2025 target of $1.5 billion in AI revenue.

VR Score

92

Informative language

98

Neutral language

75

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formal

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English

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45

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Known propaganda techniques

not detected

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short-lived

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