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21.03.2025 12:45:00

Where Will Marvell Technology Stock Be in 3 Years?

Semiconductor stocks have delivered decent returns over the past three years, which is evident from the 38% gains clocked by the PHLX Semiconductor Sector index during this period. But not all companies have benefited from the broader surge in the sector.Marvell Technology (NASDAQ: MRVL) is one such name. Shares of the chipmaker have remained almost flat during this period, and that's largely due to the recent plunge in its share price. Specifically, Marvell stock is down 44% from the 52-week highs that it hit in late January this year.The rapid decline in Marvell's stock price in the space of less than three months can be attributed to the ongoing correction in the Nasdaq Composite index, as well as the overall negativity surrounding artificial intelligence (AI) chip stocks in 2025. From the tariff-induced trade war to questions about the huge investments in AI infrastructure to Wall Street's elevated growth expectations, several factors have weighed on Marvell's stock price this year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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