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Marvell Technology Stock Hits a New All-Time High. Is It Still a Buy?

Source: Motley Fool

2026-06-01 11:05:00 ET

One of the hottest chip stocks to own in 2026 has been Marvell Technology (NASDAQ: MRVL) . It helps companies develop custom chips, which have been vital for businesses looking to diversify and become less dependent on Nvidia 's high-priced chips. Since the start of the year, Marvell's stock has risen by more than 130%, and it recently hit a new all-time high.

The company recently posted a strong quarter, and its guidance is encouraging, but concerns may be rising about its high valuation. Could Marvell still be a good stock to buy, or has it become too expensive?

Image source: Getty Images.

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Marvell Technology Inc.

NASDAQ: MRVL

MRVL Trading

30.03% G/L:

$281.805 Last:

67,992,609 Volume:

$253.46 Open:

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MRVL Latest News

MRVL Stock Data

$70,017,560,367
838,787,328
0.05%
723
N/A
Semiconductors and Equipment
Technology
US
Wilmington

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