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Story summary
- Marvell Technology, Inc. stock rose 30.6% in a month, above the 4.4% industry average.
- Marvell posted 69% year-over-year (YoY) data center revenue growth, driven by AI silicon and electro-optics.
- Analysts maintain a hold on Marvell amid valuation concerns and Broadcom/AMD competition.
- Nvidia and Broadcom lead AI infrastructure; Nvidia projects $3-4 trillion in data center capex by 2030; Corning's optical revenue rose 41% YoY.
