Dec 2 (Reuters) – Marvell Technology forecast fourth-quarter revenue above Wall Street estimates on Tuesday, signaling robust demand for its custom artificial intelligence chips from large cloud computing clients.
The company projected revenue of around $2.20 billion, plus or minus 5%, for the quarter, compared with the analysts’ average estimate of $2.18 billion, according to data compiled by LSEG.
(Reporting by Juby Babu in Mexico City; Editing by Alan Barona)
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