Marvell Wins Wall Street. Google Bets $12 Billion. Amazon Fears Fade. Marvell Technology's (MRVL) stock has skyrocketed, driven by its partnerships with Google and Amazon.
Analysts praise the company's custom chip design business, which is gaining traction among investors willing to pay a premium for growth prospects.
But what's behind Marvell's meteoric rise, and what does it mean for the broader semiconductor industry?