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Should You Buy Marvell Technology Stock Before Aug. 27?
The Motley Fool·
Marvell Technology stock has surged 160% year-to-date, driven by a $2 billion Nvidia investment and CEO Jensen Huang's endorsement as a potential trillion-dollar AI chip company. With Q2 earnings expected on Aug. 27 showing 35% revenue growth and 39% EPS growth, the article advises against timing purchases around the earnings release. Instead, investors should use dollar-cost averaging to gradually accumulate shares while monitoring Marvell's growth relative to peers like Broadcom, given the company's strong position in AI infrastructure, optical networking, and custom silicon.
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