Here is Why Marvell Stocks Soared Over 83% in 2024
Marvell Technology’s (NASDAQ: MRVL) stocks soared phenomenally in 2024, surging 83.1%, according to S&P Global Market Intelligence. This was more than three times the S&P 500’s return of 25% and far outpaced the Nasdaq Composite’s 29.6% gain. Primarily, it was driven by an explosion in demand for artificial intelligence capabilities, particularly in the data center