May 6 (Reuters) - Networking and custom AI chipmaker Marvell Technology MRVL.O said on Tuesday it is postponing a previously scheduled investor day conference, citing a "dynamic macroeconomic environment," as global trade tensions generate economic uncertainty.
The company also narrowed its forecast range for the first quarter of fiscal 2026, but maintained the midpoint of its outlook.
Net revenue is now expected to be approximately $1.875 billion, within a range of plus or minus 2%, compared to the prior range of plus or minus 5%.
(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Alan Barona)
((ArsheeyaSingh.Bajwa@thomsonreuters.com; +91 8510015800))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.