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Barchart
Wajeeh Khan

Marvell Technology Gets Boost From New AMD Stake

Marvell Technology (MRVL) shares ended meaningfully higher on May 19 after Advanced Micro Devices (AMD) revealed a fresh stake in the firm.

According to its latest 13F filing, the chipmaker holds just over 65,500 MRVL shares in total, with an implied entry price of nearly $99 per share.

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