Where Will Marvell Technology Stock Be in 3 Years?
MRVLMarvell Technology(MRVL) The Motley Fool·2024-04-06 15:20

The diversified chipmaker has plenty of irons in the fire. Marvell Technology's (MRVL 2.50%) stock is up nearly 50% over the past three years and outperformed the S&P 500's gain of about 30%. The chipmaker grew rapidly through acquisitions and sold plenty of chips for the cloud, 5G, automotive, enterprise networking, and AI markets. Given all this past growth, can its stock keep rising over the next three years? What does Marvell Technology do? Marvell's data processing units (DPUs) bundle together CPUs, ne ...