Down 40% This Year Is Marvell Stock An AI Bargain?

Marvell Technology (NASDAQ:MRVL) recently reported solid second-quarter results; however, a cautious outlook regarding its data center division caused the stock to decrease nearly 12% in after-hours trading on Wednesday. This decline compounds a 30% fall earlier this year, as investors express doubts about the company's position in the rapidly evolving semiconductor and AI sectors.