This Under-the-Radar AI Stock Could Be Set for a Massive Comeback
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Semiconductor companies have a long track record of delivering shareholder returns, and that is certainly the case with Marvell Technology (NASDAQ: MRVL). The company has existed since 2005, and has spent most of its history being best known for producing chips in the telecom and consumer sectors.Today, thanks to artificial intelligence (AI), the company's custom ASICs (application-specific integrated circuits) have become a more critical focus. As it has benefited, a revenue growth pause that is likely temporary sent its stock plunging earlier this year. Despite that hiccup, it appears ready for a massive comeback. Here's why.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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