MRVL Downgraded Amid Fears of Mega Caps Stealing Market Share
Schwab Network · Schwab Network
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Show Notes
Marvell (MRVL) sold off Monday over reports that Microsoft (MSFT) will tap Broadcom (AVGO) to create custom A.I. chips. Benchmark also downgraded the stock as it sees Amazon (AMZN) seeking another of Marvell's competitors for orders. Marley Kayden explains how fears of Marvell losing market share is nothing new, but instead adds to existing investor concerns.
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