May 27 : Marvell Technology forecast quarterly revenue above estimates on Wednesday, signaling strong demand for its networking and custom silicon chips used in the AI data center buildout.Shares of the Santa Clara, California-based company, rose over 6 per cent in extended trading. They have more than double

Mike Khouw happens to like one surging chip stock in particular: Marvell Technology.

Marvell Technology, Inc. (NASDAQ: MRVL) will release Q1 earnings on May 27. Analysts expect 79 cents per share, up from 62 cents last year. Stock rose 6.1% on Tuesday.