Marvell Technology: Severely Underappreciated In Round #2 Of AI Chip Wars

BlackJack3D Investment Thesis Marvell Technology (NASDAQ:MRVL) is still suffering from the cold it caught a few years ago due to the slowdown in some of its erstwhile growth markets, such as carrier infrastructure and automotive connectivity solutions. On a year-to-date basis, Marvell is still marginally outperforming broader markets, delivering 22% in 2024 versus the 17–22% performance range of the indices, but still underperforming the Philly Semiconductor Index (SOX).   Exhibit A: Marvell's performan ...