China announced a 7 percent increase in military spending and a five-year plan to try to reduce its military and industry’s reliance on Western technology.
MRVL has risen 15% in pre-market trading after increasing its Q1 revenue forecast to $2.4B compared to $2.28B consensus, indicating accelerating growth through FY27.
This is today's edition of The Download, our weekday newsletter that provides a daily dose of what's going on in the world of technology.
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