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MarketBeat
MarketBeat
Business
Sam Quirke

Can Marvell Keep Up in the Custom AI Chip Race?

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.

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