Marvell Technology forecasts first quarter revenue below estimates

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March 7 (Reuters) - Chipmaker Marvell Technology forecast first-quarter revenue below market expectations on Thursday, hurt by weak demand for its custom chips used in artificial intelligence applications.

The company expects net revenue to be $1.15 billion, plus or minus 5%, compared with estimates of $1.37 billion, according to LSEG data. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Alan Barona)

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