Marvell Technology Benefits From Hwauei Restrictions

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mrvl earnings

Marvell Technology announced earnings of 18 cents per share which is higher than expected. Marvell (MRVL) is expected to benefit from the recent restrictions on the Chinese based Hwauei which has been a leader in the production of 5G. As Hwauei comes under increased scrutiny, Marvell is in a unique position to take advantage of the spread of 5G technology.

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