Prediction: This Artificial Intelligence (AI) Chip Stock Will Make a Big Move in October (Hint: It’s Not Micron)
Marvell Technology stock could make a big move after Oct. 6.
Overview
Micron Technology delivered impressive results for the fourth quarter of fiscal 2026 on Sept. 30, indicating that the artificial intelligence (AI) infrastructure boom is alive and well.
Micron makes memory and storage chips that play a critical role in AI data centers by transporting and storing the large volumes of data needed to train models and run inference applications. So, it wasn't surprising to see the company's results and guidance crushing expectations, paving the way for more upside in Micron stock this month.
Details
However, there is another key AI chip company that's poised to hold an important event in October. Marvell Technology (NASDAQ:MRVL) has scheduled its Investor Day for Oct. 6. Let's see why this date could be significant for Marvell investors and trigger a rally in the company's shares.
Source
Originally published at www.fool.com.