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Marvell stock drops as persistent supply constraints weaken data-center forecast

Marvell Technology Inc. shares fell in the extended session Thursday after the chip maker forecast data-center sales for the third quarter that fell well short of Wall Street’s expectations due to supply constraints that aren’t expected to ease until the fourth quarter. Marvell  MRVL, +5.46% shares fell 5% after hours, following a 5.5% climb in … Read more