What's Going On With Marvell Technology Stock Thursday?

Marvell Technology (NASDAQ:MRVL) shares surged Thursday as investors bet on the company to deliver strong second-quarter results, scheduled for after the closing bell. Optimism has been fueled by accelerating demand for artificial intelligence infrastructure and expectations that Marvell will capture a growing share of hyperscale spending. The rally followed industry peer Nvidia’s (NASDAQ:NVDA) blockbuster results, which reinforced expectations of sustained demand from the artificial intelligenc