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Marvell Surged 83% in 2024: Will the Stock Outshine Again in 2025?
MRVLMarvell Technology(MRVL) ZACKS·2025-01-09 23:20

Marvell Technology, Inc. (MRVL) dazzled investors in 2024 with its stock surging an extraordinary 83.1%, far outpacing its peers. In comparison, the Zacks Electronics - Semiconductors industry rose 59.2%, and the SPDR S&P Semiconductor ETF (XSD) managed only a 10.5% gain.Heavyweights like Advanced Micro Devices, Inc. (AMD) and Micron Technology, Inc. (MU) faltered, with declines of 18.1% and 1.4%, respectively. Marvell’s standout performance underscores its leadership in the semiconductor space.2024 Price R ...