Marvell Technology Group Aktie
WKN: 930131 / ISIN: BMG5876H1051
06.07.2024 12:49:00
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2 Reasons to Buy Marvell Technology Stock Like There's No Tomorrow
Marvell Technology (NASDAQ: MRVL) could see demand for its semiconductor solutions explode over the next few years. Marvell's products are used in a wide range of goods, from game consoles and printers to enterprise workstations and artificial intelligence (AI) servers. But data center, including AI-related products, is its largest business, totaling 40% of its revenue last year.The growth in AI infrastructure spending could significantly benefit Marvell's revenue growth and stock performance over the next year.The risk for investors is buying the stock before a cyclical downswing in demand, which is common for the semiconductor industry. However, the industry has experienced a lot of growth over the last 40 years, so buying shares of leading companies as they emerge from a downswing can be to your advantage.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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