Business

Tech Company Adjusts Forecasts

Updated 2026-08-27 21:25 UTC 1 source Negative

Marvell Technology Group, a chip maker, adjusted its financial forecasts for the July quarter. Despite this, the company’s stock did not see significant gains.

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MarketWatch

Marvell is boosting its forecasts, but that’s not enough to lift its stock

The chip maker didn’t offer much upside to estimates with its July-quarter results.

2026-08-27 21:12 UTC