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Marvell Technology's Shares Plunge 15% Amid Disappointing AI Revenue Forecast

Marvell Technology's Shares Plunge 15% Amid Disappointing AI Revenue Forecast

TECHNOLOGY - 8/29/2025

Shares of Marvell Technology dropped 15% after the AI chipmaker reported lower-than-expected data center revenue and provided a lackluster outlook for the upcoming quarter. The CEO acknowledged some challenges in customer pipeline clarity, raising concerns among investors.

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