Marvell Technology Has Trillion-Dollar Ambitions. Here Is What the Timeline Could Look Like.
Reaching the trillion-dollar market capitalization is more complicated than the hype suggests.
Overview
Marvell Technology (NASDAQ: MRVL) has firmly positioned itself as one of the world's more prominent artificial intelligence (AI) infrastructure companies. The stock traded near $272.05 as of July 1, giving Marvell a market value of about $238 billion.
But Nvidia CEO Jensen Huang has put a much bigger number into the discussion, calling Marvell the "next trillion-dollar company" during Computex week in Taipei, according to Reuters.
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Originally published at www.fool.com.
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