Marvell Technology: Key Supplier for AI Data Centers Finally Becomes Profitable

Marvell was introduced here twice at the end of 2024. Initially, the company impressed in mid-October with a customized data center solution for Meta, then the stock rose by another 50% by mid-December, fueled by the AI and cloud boom. This ultimately drove the stock to an all-time high of $127.48 at the end of January 2025. However, like many tech stocks, Marvell fell victim to the stock market crash triggered by Trump. The stock crash would only end at $47.09 in early April. In the meantime, the stock is steadily rising again, as is customary....