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1 Top Chip Stock Reporting Massive AI Growth -- Why Isn't the Stock Rising?


After a solid rally in 2023 and a hot start to 2024, shares of chip designer Marvell Technology Group (NASDAQ: MRVL) have failed to participate in the artificial intelligence (AI) chip stock surge this year. It's a confounding situation, because Marvell has many of the pieces in place to rival one of the top semiconductor stocks right now, Broadcom (NASDAQ: AVGO).

MRVL Chart

Data by YCharts.

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Source Fool.com

Broadcom Ltd. Stock

€147.86
2.360%
There is an upward development for Broadcom Ltd. compared to yesterday, with an increase of €3.42 (2.360%).
With 68 Buy predictions and not a single Sell prediction Broadcom Ltd. is an absolute favorite of our community.
With a target price of 1384 € there is potential for a 836.02% increase which would mean more than doubling the current price of 147.86 € for Broadcom Ltd..
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