
Marvell retreats after soaring more than 50% in six sessions

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Marvell Technology stock retreated over 11% on Friday, ending a six-session rally where it gained more than 54%. Despite the pullback, MRVL is up over 63% in the past month and nearly 239% year-to-date. The surge was driven by NVIDIA CEO Jensen Huang's comment that Marvell could reach a $1T valuation due to AI infrastructure demand. Analysts remain bullish on Q1 results and guidance, though Seeking Alpha's Quant Rating assigns a 'Hold' based on valuation concerns.

