Marvell Technology Inc., a leading chipmaker, has suffered its worst stock drop in over two decades after releasing a disappointing revenue forecast. Despite beating the average analyst estimate of $1.88 billion for the first fiscal quarter, the actual figure was lower than projected high estimates of up to $2 billion.
Source: https://www.bloomberg.com/news/articles/2025-03-05/marvell-declines-after-growth-forecast-trails-loftiest-estimates