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Barchart
Barchart
Aditya Raghunath

Dear Marvell Technology Stock Fans, Mark Your Calendars for June 22

Marvell Marvell Technology Matt Murphy MRVL Jensen Huang IS Nvidia Flex

Marvell Technology (MRVL) has been one of the market's great artificial intelligence (AI) stories this year. Valued at a market capitalization of roughly $233 billion, MRVL stock has more than tripled year-to-date (YTD), riding a wave of demand for the kinds of chips that keep giant data centers running.

Now, a single date on the calendar — June 22 — will act as a near-term tailwind for the large-cap chip stock. It's an event that could change who owns shares of Marvell Technology and how many.

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