TradingKey – On May 27, Eastern Time, Marvell Technology ( MRVL) rose over 5% in U.S. pre-market trading. Market sentiment is heating up, primarily driven by investors wagering that demand for AI data centers and high-speed interconnects will continue to fuel the company’s earnings growth.

Marvell pre-market stock price chart, source: FUTUBULL

According to the company’s previous announcement, Marvell will release its first-quarter fiscal results after the U.S. market close on May 27. The company’s prior revenue guidance for the first quarter was approximately $2.4 billion, plus or minus 5%; GAAP diluted earnings per share (EPS) is expected to be $0.31, plus or minus $0.05.

Market consensus remains optimistic. Barron’s reported that Wall…