Chipmakers are finding that good earnings aren't enough to please Wall Street
After investors poured into semiconductor stocks last year, expectations are high, and companies are having trouble making Wall Street happy.
More than two years into the generative artificial intelligence boom, Wall Street is setting an increasingly high bar for chipmakers.
When it comes to earnings reports — most recently from Marvell Technology — good isn't good enough. That's because investors previously poured into the companies making the infrastructure and devices at the heart of the AI economy, bidding the stocks up to historically high levels.
They're demanding results.