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$MRVL This month’s price rose from 200–300 in less than 3 days—why exactly is that? And why did it work out when we encouraged our friends to do Dodo and successfully take profits?
Many people may wonder, “Why can its price go from 200–300+ to that quickly in less than 3 days?” So next, let me explain it to everyone and clear up the confusion!
1、On June 2, NVIDIA CEO Jensen Huang publicly stated at the Taipei COMPUTEX conference that Marvell has the opportunity to become the “next hundred-billion-dollar company,” and emphasized the importance of its AI data center network technology. After the news came out, MRVL-related assets collectively surged.
2、The AI data center sector continues to boom, and the strongest theme in the market recently is still AI infrastructure.
Marvell has just released a 102.4Tbps switching chip for AI data centers, while continuing to strengthen its layout in optical modules, network interconnects, and custom AI chips. The market believes it will become an important beneficiary of AI computing power expansion.
3、NVIDIA is deeply tied to expectations. This year, in March, NVIDIA announced a $2,000,000,000 strategic investment in Marvell and included it in the NVLink Fusion ecosystem. Investors believe there is huge room for cooperation between the two in the future.
This is why we do Dodo—and why it’s been going up so crazily. The real key is actually Jensen Huang’s line: “the next hundred-billion-dollar company”!
Next, we will continue to be optimistic about MRVL. We will also gradually bring friends in to do Dodo and help you with proper profit-taking and risk control. If you want to join in, check the homepage profile—waiting for you!
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