MRVL Plunges 30% in 3 Months: Should You Buy, Sell or Hold the Stock?
Key Takeaways Revenues from China, AI chip margin pressure, and tech sector headwinds weigh on MRVL's performance. MRVL trades at a valuation discount and is seeing strong AI-driven growth in its data center segment.Marvell Technology’s (MRVL) shares have plunged 30.4% in the past three months, underperforming the Zacks Electronics - Semiconductors industry and its peers, including Broadcom (AVGO) , Qualcomm (QCOM) and Ambarella (AMBA) . While Broadcom shares have returned 32.7%, shares of Qualcomm and Amb ...