Robinhood aims to attract active traders who rely heavily on desktop platforms for their trading activities, such as chart analysis and research. The company launched Legend.com to compete with professional trading tools.
Marvell designs chips for various applications, including data centers, AI, autos, and TV set-top boxes. It also helps tech giants like Google and Amazon customize chips for specific tasks, enhancing efficiency in their data centers.
Marvell's market cap briefly exceeded Intel's due to its strong growth in the data center and AI chip sectors, while Intel faces challenges with declining market share and struggling segments like PCs.
Marvell's earnings showed substantial growth in its data center business, reaching a tipping point where it now drives overall company growth, despite weaker performance in other legacy areas.
Marvell, like other chipmakers, is vulnerable to cyclical downturns in AI spending. Big tech companies may slow down spending to manage their inventory, and if AI demand doesn't materialize with end customers, it could impact chip sales.
Marvell’s role in helping tech titans create their own data center chips has boosted its revenue and valuation, but you may not have heard of the company. WSJ columnist Dan Gallagher) joins host Belle Lin to talk about how the tiny chip maker’s market capitalization briefly catapulted above $100 billion). Plus, a look at Robinhood’s hot new tech bet): the desktop computer.
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