Marvell Stock Soars 23% as Strong Demand for Custom Artificial Intelligence (AI) Chips Drives Q3 Results and Guidance Above Expectations
Marvell Technology's stock soared 23.2% after exceeding revenue and earnings estimates in Q3 2025. Strong demand for AI technologies drove growth, with the data center market growing 98% YoY due to AI-related products. Adjusted EPS and revenue surpassed Wall Street's expectations.