Is It Time to Sell AI Stock Marvell Technology?
Marvell Technology(MRVL) The Motley Fool·2024-03-18 07:26
For longtime shareholders of artificial intelligence (AI) semiconductor designer Marvell Technology (MRVL 1.20%) (myself included), it's been a tough run. The stock has trailed the total return of the chip industry average, as measured by both the iShares Semiconductor ETF and VanEck Semiconductor ETF on a three-, five-, and 10-year basis. Granted, Marvell has been rebuilding itself under CEO Matthew Murphy, who came over in 2016 from Maxim Integrated (which has since been acquired by Analog Devices). The c ...