Marvell Technology Shares Rise on Strong Q1 Results and AMD Investment
In May 2026, Marvell Technology (NASDAQ: MRVL) saw its shares rise by 24.1% due to strong first-quarter earnings and a $6.5 million investment from Advanced Micro Devices (AMD). The company reported revenue of $2.4 billion with adjusted EPS at $0.80, both exceeding expectations.