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1 No-Brainer Artificial Intelligence (AI) Stock to Buy on the Dip
Marvell Technology (NASDAQ: MRVL) stock has been hammered badly on the market so far this year, losing nearly 45% of its value as of this writing. That seems quite surprising, considering the company's outstanding growth thanks to the booming demand for its artificial intelligence (AI) chips.Marvell stock received its latest setback following the release of its fiscal 2026 first-quarter results (for the three months ended May 3) on May 29. The stock dropped more than 5% the following day, despite reporting better-than-expected numbers and eye-popping growth in its revenue and earnings. What's more, Marvell's guidance was better than consensus estimates and points toward another solid quarter.Let's take a closer look at Marvell's quarterly report and check why investors should consider buying this semiconductor stock hand over fist following its steep decline in 2025.Continue reading
Marvell Technology (NASDAQ: MRVL) stock has been hammered badly on the market so far this year, losing nearly 45% of its value as of this writing. That seems quite surprising, considering the company's outstanding growth thanks to the booming demand for its artificial intelligence (AI) chips.
Marvell stock received its latest setback following the release of its fiscal 2026 first-quarter results (for the three months ended May 3) on May 29. The stock dropped more than 5% the following day, despite reporting better-than-expected numbers and eye-popping growth in its revenue and earnings. What's more, Marvell's guidance was better than consensus estimates and points toward another solid quarter.
Let's take a closer look at Marvell's quarterly report and check why investors should consider buying this semiconductor stock hand over fist following its steep decline in 2025.
