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Marvell Technology Is Bullish on Data Centers. Why the Stock Is Falling.

Marvell Technology shares are falling, even though the infrastructure chip maker beat earnings expectations on an adjusted basis and issued a bullish outlook for its data-center business.

Shares of Marvell (ticker: MRVL) dropped 3.1% in afternoon trading Friday to $61.25.

Marvell reported a fiscal second-quarter net loss of $276.4 million,…

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