growing ai demand

Marvell stock closed up 18.35% on Friday after the company reported Q4 revenue up 22% YoY to $2.2B and issued strong guidance citing growing AI demand

Marvell stock jumps 20%+ after the chip company reported Q4 revenue up 22% YoY to $2.2B and issued strong guidance citing growing AI demand

Marvell shares ripped 20% higher on Friday as the company posted an earnings beat and issued strong guidance, expecting robust artificial intelligence demand to continue.

German chipmaker Infineon reports Q1 revenue up 7% YoY to €3.66B, vs. €3.62B est., plans to raise investments to ~€2.7B in 2026, and forecasts growing AI demand

Infineon Technologies AG said it will ramp up its investment in technology for artificial intelligence …

Publicly traded Bitcoin miner Bitfarms says it will wind down its BTC operations and pivot to AI infrastructure, after reporting Q3 net loss up 92% YoY to $46M

Bitcoin miner Bitfarms will end its Bitcoin operations in the coming years, shifting focus to providing infrastructure for growing AI demand.