Is Marvell the Next Nvidia?
Marvell stock has gained 270% so far this year.
Is Marvell the Next Nvidia?
Overview
Over the last few years, Nvidia (NASDAQ: NVDA) transformed itself from a niche graphics chip designer into the undisputed king of artificial intelligence (AI) compute. Currently, the company's market capitalization is $5.3 trillion -- making Nvidia the most valuable company in the world.
Growth investors are constantly hunting for the next AI candidate capable of delivering Nvidia-style returns. Given shares have already tripled so far this year, some eyes are turning to Marvell Technology (NASDAQ: MRVL) as the next Nvidia.
Details
Can Marvell ride the AI infrastructure boom to a similar height as Nvidia? Let's find out.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
