The race to build AI infrastructure just got a lot more interesting. Marvell Technology (MRVL) and Nvidia (NVDA) have announced a strategic partnership that puts Marvell directly inside Nvidia's AI factory ecosystem. Nvidia is also backing the deal with a $2 billion investment in Marvell.
MRVL stock surged almost 13% yesterday, valuing the chipmaker at a market cap of $86.6 billion. For investors watching MRVL stock, the deal raises an obvious question: Is this the catalyst that takes shares to the next level?
