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Monday, February 27, 2012

Several #HedgeFunds Increase Their Bets On Marvell #Technology

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Marvell Technology (MRVL) is a semiconductor company that is the leading supplier of chips in handheld devices. Earlier this year the company cut its sales outlook for the fiscal Q4 (ending Jan. 2012) citing not only the floods in Thailand which caused huge disruptions by affecting shipments of the company's disk-drive controller chips, but also weakness in the Chinese cell phone market.
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