What's Going On With Marvell Technology (MRVL) Shares?

Marvell Technology Inc MRVL shares are trading lower by 0.35% to $89.01 Wednesday morning. The market spotlight is on NVIDIA Corp’s earnings report on Wednesday after-hours, which could have significant repercussions for Marvell.

As a critical supplier of semiconductor solutions for data centers, AI infrastructure and networking, Marvell's fortunes are closely tied to the growth of the AI market that Nvidia dominates. Marvell meanwhile reports third-quarter financial results on Tuesday, December 3rd.

What To Know: As Nvidia leads the AI revolution, Marvell plays a supporting role by providing the high-speed connectivity and data processing solutions required to deploy advanced AI systems.

A strong earnings report from Nvidia, driven by sustained AI demand, would reinforce the sector's growth narrative, benefiting Marvell. Nvidia's reliance on high-performance networking chips aligns with Marvell's portfolio, particularly in custom solutions for AI workloads and cloud computing environments. Higher demand for Nvidia's GPUs could signal increased adoption of Marvell's enabling technologies.

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Marvell could face concerns about reduced product demand if Nvidia's results fall short or its guidance signals slowing AI investment. As Marvell has emphasized its pivot toward AI and 5G opportunities, any signs of stagnation in AI infrastructure spending could weigh heavily on investor sentiment.

Marvell's stock, often sensitive to sector-wide trends, could see volatility tied to Nvidia's performance. Investors will watch Nvidia's commentary on supply chain trends and customer demand for clues about potential ripple effects on Marvell's business.

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Investors can gain exposure to MRVL by investing in the Invesco QQQ Trust, Series 1 QQQ and the VanEck Semiconductor ETF SMH.

How To Buy MRVL Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Marvell Tech’s case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, MRVL has a 52-week high of $95.09 and a 52-week low of $50.35.