Over the past decade, Marvell Technology and Micron Technology shifted from traditional chip and memory makers to key players in AI infrastructure. Marvell's pivot under CEO Matt Murphy included major acquisitions that boosted its data center revenue to 76%, driven by AI demand. Micron, led by CEO Sanjay Mehrotra, capitalized on high bandwidth memory for AI, achieving nearly 200% revenue growth year-over-year and expanding gross margins. Both stocks vastly outperformed the S&P 500, with Micron delivering over 9,300% returns in 10 years. The future outlook depends on continued AI demand, with Marvell priced for perfection and Micron offering value amid memory market cycles.
The FTSE 100 index fell slightly, dragged down by mining stocks reacting to China's slower GDP growth of 4.3% in Q2, its weakest in three years. Despite this, oil prices remained steady amid US-Iran tensions. PayPal shares jumped over 14% following r...
The Goldman Sachs Future Tech Leaders Equity ETF (GTEK) has delivered a 48.9% return year-to-date, nearly doubling the 25% return of the Vanguard Information Technology ETF (VGT). Unlike VGT, which heavily invests in mega-cap tech giants like Nvidia,...
