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Semiconductor Stocks Halved: Intel, Arm, and Marvell Earnings and Outlook

The Motley Fool +1 · ·by G4L

INTC Intel Corp
$56.28 +7.71%
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MRVL +5.73% ARM +4.74%
  1. 1Intel projected adjusted earnings per share of $0.25 for the fourth quarter.
  2. 2Arm's 8% growth in royalty revenue for the second fiscal quarter was lower than the 22% growth in the first quarter.
  3. 3Marvell's third-quarter revenue of approximately $3.15 billion is expected to increase by about 52% year-over-year.

So what's the key point?

Intel expects fourth-quarter earnings per share to be $0.25. Arm's royalty revenue growth is 8%, and Marvell's revenue is projected to increase to $3.15 billion.

Source The Motley Fool +1 · View original ↗

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