Marvell Technology Executes a Dynamic Price Turnaround after the Consolidation: SoftBank Acquisition Interest from the Start of the Year Sparks Fantasies.

In mid-September, I had outlined the $50-52 range for Marvell Technology (MRVL) as a definite entry point for a longer-term holding duration. However, the stock hasn't retraced that far. It is already pushing back above the $100 mark. This makes sense. After the short-term pressure from the quarterly results, the long-term outlook remains extremely positive thanks to a strong position in the AI and cloud data center market. The company develops custom AI chips (XPU solutions) as well as optical interconnect products and is expected to benefit from...