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Marvell Q1 hits expectations, guides for higher revenues in Q2

Friday 29 May 2020 | 11:10 CET | News
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Marvell Technology reported first quarter results above the mid-point of its guidance, helped by stronger demand for its networking products from the data centre and 5G infrastructure end markets, CEO Matt Murphy said. Murphy noted some covid-19 supply chain impacts on its storage business but expects a bounce back in the second quarter and continued growth at Marvell's networking business.

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Categories: General
Companies: Marvell Technology
Countries: World
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