In terms of custom silicon, Marvell Technology (NASDAQ: MRVL) is often seen as playing second fiddle to its much larger semiconductor peer Broadcom (NASDAQ: AVGO). However, recently, Marvell has clearly been the better performer of these two. Over the past six months, Marvell’s total return sits north of 30%, while Broadcom’s comes in at less than 5%.
Contributing significantly to Marvell’s outperformance was its latest earnings release, which led shares to gain over 18% afterward.
