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-7.16024631246664E-05 -0.000501217241873072 0.00136044679936988 -0.000214807389374203 -0.00236288128311603 -0.00619289703565786 0.00289989975655163 0.00110983817843335
Stock impact report

Marvell Soars 30% in Three Months: Should You Hold or Fold the Stock? [Yahoo! Finance]

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
Company Research Source: Yahoo! Finance
This performance significantly outpaces the broader market, where the S&P 500 and the Zacks Computer and Technology sector have risen by 8.3% and 7.5%, respectively. MRVL stock has also outperformed other semiconductor heavyweights, including NVIDIA Corporation NVDA, Advanced Micro Devices, Inc. AMD and Micron Technology, Inc. MU. In the past three months, NVIDIA rose 19.3%, while shares of Advanced Micro Devices and Micron Technology have declined 5.6% and 6.4%, respectively. Image Source: Zacks Investment Research This stellar performance has led many investors to question whether it's time to take profits or continue holding on to MRVL. Here's why a hold strategy might be the best course of action. Marvell's future is firmly tied to the rapidly expanding artificial intelligence (AI) industry, an area with massive growth potential. According to Gartner, the global AI semiconductor market is projected to witness a 33% revenue increase to $71.25 billion in 2024, followed by a Show less Read more
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