NasdaqGS:MRVLSemiconductor
Marvell Technology (MRVL): Reassessing Valuation After Sector Rally on Micron’s AI-Fueled Outlook
Marvell Technology (MRVL) edged higher after Micron's upbeat earnings and outlook rippled through semiconductor names, as investors leaned back into AI and data center plays that had sold off earlier this year.
See our latest analysis for Marvell Technology.
Zooming out, that Micron fueled bounce sits against a tougher backdrop, with Marvell's share price down sharply year to date despite a solid 90 day share price return and impressive three year total shareholder return. This suggests long...