Marvell shares climbed about 7% after a Bloomberg report said Amazon Web Services was in early talks related to Trainium AI chips, helping push the stock to a new record.
According to NS3.AI, Marvell hit an all-time high of $329.88 on June 17, 2026, before ending the session near $311.
KeyBanc also raised its price target on Marvell to $385 from $260.
STOCKS | Marvell Shares Rise 7% After Report Links AWS to Early Trainium AI Chip Talks
2026-06-19 12:08:22
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