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Why Marvell Technology Stock Was Soaring Today


Shares of Marvell Technology (NASDAQ: MRVL) were surging today after the semiconductor maker posted better-than-expected results in its third-quarter earnings report, driven in part by strong AI demand and guidance.

As of 1:03 p.m. ET, the stock was up 23.6% on the news.

Image source: Getty Images.

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Source Fool.com

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