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Marvell Technology AI Boom is Just Getting Started with ASIC
MRVLMarvell Technology(MRVL) MarketBeat·2024-09-04 12:07

While semiconductor developer Marvell Technology, Inc. NASDAQ: MRVL is a benefactor in the artificial technology (AI) revolution, headline numbers for their second-quarter fiscal 2025 results don’t paint the immediate upside potential. This is because the rest of the business shows weakness from the non-AI semiconductor cycle slowdown. Their growth segment lies in the viral expansion of data centers, which are benefiting from the surge in AI adoption.Like many peers in the computer and technology sector, Ma ...