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Shares of Marvell Technology plunged 18% on Friday after the artificial intelligence chipmaker's data center revenue fell short of estimates and it gave lackluster guidance for the current quarter.

Here's how the company did in comparison with LSEG consensus estimates:

Earnings per share: 67 cents adjusted vs. 66 cents expected

Revenue: $2.01 billion vs. $2.01 billion expected

Revenue jumped 58% from a year ago in the fiscal second quarter that ended Aug. 2, a record for the company that was fueled in part by "strong AI demand" for its custom silicon and electro-optics products, Marvell CEO Matt Murphy said in a statement Thursday.

The company had net income of $194.8 million, or 22 cents per sha

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