In the race to build the brains of artificial intelligence, the chip designers have become some of the market's hottest names, and Marvell Technology Inc. (NASDAQ: MRVL) is firmly among them. Lately, it’s found itself under an unusually bright spotlight, with its shares swinging sharply as investors weigh how big a slice of this booming market it can ultimately claim.
At around $260, the stock has recovered well from the 50% slide it suffered from June into July, and is up about 60% since the start of August.