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Marvell's Surge Slows as Investor Shifts to Broadcom | Durham News
Marvell’s stock has soared over 220% in a year fueled by booming demand for its custom chips and optical gear in data centers, but recent cooling to around $230 has prompted cautious investor Bay Area Ideas to downgrade it to “hold” — while still favoring Broadcom as a smarter “buy.” Despite strong quarterly results and a massive $94B data center market ahead, Marvell’s high valuation and slight margin dip raise red flags. Even Nvidia’s Jensen Huang sees Marvell as a potential “next trillion-dollar” chipmaker — but for now, the investor’s betting on Broadcom’s steadier AI growth as the safer…
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