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In the latest trading session, Marvell Technology (MRVL) closed at $73.34, marking a +1.97% move from the previous day.
Marvell benefits from the AI shift in data centers. KeyBanc maintained an overweight rating on the shares but made a small cut to the price target.
Marvell has outperformed the S&P 500 over the past three years. Marvell expects the expansion of its AI-oriented optical chips to boost its near-term growth.
While the stock market exhibits signs of slowing down, the artificial intelligence hype persists, presenting investment opportunities for traders. Among these opportunities are lesser-known names that
Marvell's data center revenue grew rapidly in FY2024, with the segment now accounting for more than half of its total revenue, up from just a third one year ago. The growth in the data center segment
Keep an eye on some of the most undervalued semiconductor stocks to buy in April. According to Global Data, the “overall AI market will be worth $909 billion by 2030, registering a compound annual g
Marvell Technology (MRVL) closed the most recent trading day at $73.59, moving +0.53% from the previous trading session.

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Marvell Technology (MRVL) launches products, including Nova 2, 3D SiPho Engine, Spica Gen2-T and COLORZ 800, at the OFC-2024.
Marvell Technology Inc (NASDAQ: MRVL) has gained some 20% since the start of 2024 but a Citi analyst is convinced it can extend its rally further in the coming months.
The generative artificial intelligence (AI) frenzy has created a massive demand for advanced chips, which are required to support large language models and build AI applications. While Nvidia (NASDAQ:

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Marvell Technology is one of the fortunate businesses benefiting from the rising demand for implementing artificial intelligence (AI) capabilities.
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Upbeat quarterly results and a strong revenue outlook pushed semiconductor name Micron Technology (MU) to record highs earlier earlier today, and is providing a halo lift to its peers.
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