Marvell Technology (MRVL) Stock Soars on Strong AI Revenue Outlook
Marvell Technology, Inc. (NASDAQ: MRVL) has witnessed an impressive surge of 28%, marking its biggest intraday increase since October 2001. The chipmaker’s stock soared after announcing its expectations for a significant revenue boost from artificial intelligence (AI) this year. On Friday, Marvell’s shares reached a high of $63.42 in New York, resulting in a year-to-date …
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