Jim Cramer on Marvell shares falling on global chip shortage

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  • CNBC Television published this video item, entitled “Jim Cramer on Marvell shares falling on global chip shortage” – below is their description.

    Marvell shares fell 5.9% in the premarket Thursday after the chipmaker issued a disappointing outlook and said chip supplies could remain tight throughout the fiscal year. Marvell matched estimates with its latest quarterly earnings, with revenue coming in above analysts’ forecasts. CNBC’s Jim Cramer reacts. To see the full interview with Murphy sign up for a free trial to CNBC Pro: https://cnb.cx/30gE2y8

    Marvell shares fell 5.9% in the premarket after the chipmaker issued a disappointing outlook and said chip supplies could remain tight throughout the fiscal year. Marvell matched estimates with its latest quarterly earnings, with revenue coming in above analysts’ forecasts.

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