ReferIndia News Cloudy Future for Marvell as AI Chip Demand Wanes

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Cloudy Future for Marvell as AI Chip Demand Wanes

Published on: Aug. 29, 2025, 11:15 p.m. | Source: Devdiscourse

Shares of Marvell Technology fell nearly 18% as its data center demand outlook missed expectations. Market concerns rose after Nvidia's earnings highlighted weak demand from cloud providers. Marvell's custom chip business, crucial for cloud companies, faces uncertainty amid speculation over Microsoft's AI chip rollout delay.

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