Despite not being the loudest name in AI, Marvell Technology (MRVL) shares have soared 123% year-to-date (YTD). After a blowout Q1 print, the semiconductor company is emerging as one of the biggest winners from the AI infrastructure boom. A standout in the quarter was management aggressively boosting the outlook for the next several years, owing to increased AI infrastructure spending from hyperscale cloud customers.
Let’s find out if it isn’t too late to grab Marvell stock.