dapurtoto

dapurtoto

dapurtoto

dapurtoto

dapurtoto

dapurtoto

dapurtoto

dapurtoto

dapurtoto

dapurtoto

dapurtoto

dapurtoto slot

prediksi dapurtoto

toto togel

link togel

situs toto

situs toto

bo togel terpercaya

situs toto

situs toto

situs toto

situs toto

togel gacor

bo togel

situs toto

situs toto

bo togel terpercaya

situs toto

agen togel

10 situs togel terpercaya

deposit 5000

situs togel

link togel

situs togel

situs togel

situs toto

situs togel

situs togel

toto slot

Marvell Technologies ($MRVL) Gains +65% On AI Growth Outlook Forecast

2 Min Read

Marvell Technologies ($MRVL) rallied 32.42% last week Friday, catalyzed by leveraged AI momentum. The semiconductor company’s stock (ticker: MRVL) surged after it forecasted a highly optimistic growth outlook, boosted by the use of artificial intelligence.

$MRVL offers a broad, innovative portfolio of data infrastructure semiconductor solutions spanning compute, networking, security and storage.

Despite the company just getting introduced to AI, Marvel’s ($MRVL) is upbeat and optimistic about the hot sector. He is so optimistic that he projected doubled AI revenue in fiscal 2024 from the prior year.

“AI has emerged as a key growth driver for Marvell,” said CEO Matt Murphy. Much of Murphy’s enthusiasm seems to stem from the fast growth spurt in Nvidia stock, which added more than $200bn in a day on expected demand for AI chips.

A lot of optimism has started sprouting from the AI boom and only time will tell whether it is just another buzzword/bubble, despite the actual value of AI being undisputable.

$MRVL Monthly Chart
$MRVL Monthly Chart

The stock is currently up +65% this month.

 

 

 

Upgrade your mobile trading desk with the SideTrak Swivel 14 attachable monitors for laptops
Upgrade your mobile trading desk with the SideTrak Swivel 14 attachable monitors for laptops

 

 

 

Share this Article