Marvell Finds $400B AI Opportunity, But Shares Take a Hit
Shares of Marvell Technology Inc (NASDAQ: MRVL ) tanked in early trading on Wednesday, after the company’s Investor Day hosted on Tuesday. The company announced a "robust" multi-year outlook, with an expansion of nearly 4X in its TAM (total addressable market) and new financial targets through 2030 that supports earnin