Marvell Technology Reaches $100 Billion Valuation After Earnings Beat And Amazon Deal

By Forbes   |   1 year ago
Marvell Technology Reaches $100 Billion Valuation After Earnings Beat And Amazon Deal

Marvell Technology's stock hit a record high, surpassing a $100 billion market cap following strong earnings and a deal with Amazon. Marvell's shares have surged by 103% this year, raising concerns for rival Nvidia despite their continued partnership with AWS on AI projects.

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