Marvell (MRVL) Stock Still Carries A Rich Price Despite Its 392% Run

Marvell Technology has turned into one of the stronger movers in large-cap chips over the past few years. After that run, the key question is whether the current share price lines up with what its earnings can support. Over the past 3 years the stock has gained about 392%, which puts a lot of weight on the idea that Marvell's profit stream can eventually match the optimism baked into that rise. Recent product launches in data center connectivity and memory expansion for AI workloads can...