Marvell Stocks Fall 2.8% as $20 Billion Plan Raises Concentration Stakes

Marvell Technology NASDAQ:MRVL, the custom-chip and data-center connectivity designer, slipped roughly 2.8% to $267.516 at 12.20pm EST on October 12, despite an ambitious AI growth roadmap. Investor's Business Daily reported that analysts raised their price targets following the company's investor…