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Marvell shares rise 4% as investors await Oct. 6 analyst day

Verifying
  • Marvell Technology shares rose about 4% Tuesday amid investor focus on its AI opportunity.
  • BofA estimates Marvell could capture about $30 billion of a $60 billion-$65 billion XPU market.
  • Marvell’s Oct. 6 analyst day is expected to cover opportunity, margins and earnings outlook.
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