![]() ![]() Bank of America analyst Vivek Arya called the chip stock an "underappreciated" AI beneficiary in a recent note. Curtis added Marvell Technology represents a "safer way" for investors to expose their portfolios to the latest AI wave, even as the long-term potential and scale of AI remains unclear. The stock is up more than 61% this month, on pace for its best monthly stretch since 2001. The stock Friday rallied more than 32% for its best day on record after the company reported a top-and-bottom line beat. "Not sure we can make sense of the recent AI rally, but this is a name that belongs in the basket." Marvell Technology has experienced some AI tailwinds, surging about 71% this year. ![]() MRVL 1M mountain Marvell Technology shares over the last month "In-line guide assuaged concerns, but it was the AI comments which stoked the flames," wrote Barclays' analyst Blayne Curtis in a note to clients last week, referring to Marvell's latest quarterly report. The chipmaker remains a clear winner in the AI arms race, but Wall Street analysts say Marvell Technology is also poised to capitalize on the trend. This month alone, it's up 48% on the heels of a blowout earnings report driven by booming demand for AI chips. The stock surged 181% this year on AI tailwinds. Nvidia on Tuesday joined the ranks of the elite $1 trillion market capitalization club, dominated by technology giants Apple, Alphabet and Microsoft. Those who missed Nvidia's recent surge may want to consider putting their money in one overlooked artificial intelligence beneficiary: Marvell Technology. Personal Loans for 670 Credit Score or Lower ![]() Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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