Marvell Stock Soars 228% This Year. Data Center Momentum Is Still Hot, But Future Upside May Be Limited.

Shares of Marvell Technology (MRVL) have rallied strongly, up 258% year-to-date (YTD). Strong demand and bookings for its data center products, such as interconnect, custom AI chips, and switching, have accelerated its growth, supporting MRVL stock.

Adding to the excitement around the stock, Nvidia CEO Jensen Huang publicly said that Marvell could represent “the next trillion-dollar opportunity.”