The 5G concept includes major US-listed companies in the fifth-generation telecommunication technology industry chain.
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AI demand is strong, and chip company Marvell's sales surged by 19% month-on-month, greatly exceeding expectations.
Strong AI demand, Marvell's performance in the third quarter and outlook for the fourth quarter both exceeded expectations. On December 3, Eastern Time, chip company Marvell Technology (MRVL) announced its third-quarter financial report showing that the company's third-quarter sales increased by 19% month-on-month, reaching 1.52 billion USD, exceeding Wall Street's forecast of 1.46 billion USD; eps was 43 cents, higher than the expected 41 cents. Marvell also predicts that fourth-quarter revenue will reach about 1.8 billion USD, exceeding the expected 1.65 billion USD, with an expected eps of 59 cents.
Will 2025 no longer be the era of the magnificent 7? Bank of America is bullish on this type of stocks...
①The chief strategist of Bank of America predicts that cyclical stocks (such as csi commodity equity index, construction, and infrastructure) will rise strongly, as investors will flow into the "old economy" sector; ②She believes that the USA economy is ready for a new spending cycle, and expects the s&p 500 index to rise to 6666 points next year.
Marvell Technology, Inc. (MRVL) Q3 2025 Earnings Call Transcript Summary
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Intel is seeking an external "parachute" CEO.
According to reports, intel is looking for a new CEO, focusing on external candidates, and has hired the executive headhunting company Spencer Stuart to assist in finding new leadership.
The Nasdaq index reached a new high, French stocks rose, the south korea etf narrowed after a 7% drop, and the offshore yuan briefly fell below 7.31 yuan.
South Korean President Yoon Suk-yeol abruptly declared a state of emergency, boosting safe-haven assets such as U.S. Treasury bonds, Japanese yen, and gold, while cryptos on the South Korean exchange plunged. The South Korean parliament quickly passed a resolution to lift the state of emergency, with the Ministry of Finance and the central bank actively working on market rescue measures. After a 2.7% drop to a two-year low, the won’s decline was cut in half, South Korean etfs fell by 1.6%, and the yield on 10-year U.S. Treasury bonds turned to increase after hitting a new low in over a month. France is set to vote on dissolving the government as early as Wednesday, with French stocks following European markets upward, although they had previously declined during the day. The Dow Jones, small cap stocks, and semiconductor indices fell, while the China concept index once rose by 1.9%. The yuan hit a new low in a year during the day, and U.S. oil rose nearly 3% testing the $70 mark.
U.S. stocks closed: The S&P reached a historic high for the 55th time this year, while the index of Chinese concept stocks had four consecutive days of gains.
① The S&P and Nasdaq hit new highs, but the momentum is weak; ② A "nightmare" occurred with the south korea etf; ③ Tesla's "bullish investors" announced they will no longer go ALL-IN; ④ Apple is assessing the use of amazon chips to train AI models.
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Marvell Technology Sees Q4 EPS $0.59 +/- $0.05 Vs $0.52 Est.; Revenue $1.80B +/- 5% Vs $1.65B Est.
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