Breakout Opportunity: Marvell Technology to buy Back Additional Shares Worth $5 Billion.

The rebound movement in Marvell Technology (MRVL) could now continue. The stock came under significant pressure following the recent quarterly results, despite the company's enormous growth potential in the AI and cloud data center sector. Marvell, a leading fabless semiconductor provider, particularly benefits from customized AI chips (XPU solutions) as well as high-performance connectivity products. The addressable market for data centers is expected to grow from $33 billion in 2024 to $94 billion by 2028, with Marvell aiming to expand its share...