Marvell's Wild Ride: AI Chips, Trade Winds, and Volatility
Update: 2025-10-13
Description
Marvell Technology stock jumps nearly 5% after UBS raises its price target to $105, citing strong AI-driven data center chip demand. A sector-wide rally and easing US-China trade worries also contributed, but Marvell's history of volatility means long-term investors should stay cautious amidst ongoing geopolitical sensitivities. Despite recent gains, the stock remains down 20% year-to-date, though a five-year investment would have more than doubled.
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