Marvell Technology stock has delivered a very strong 3 year gain, yet current valuation checks show a mixed picture, with the intrinsic value estimate sitting close to the market price while traditional market multiples lean expensive. Marvell Technology has returned 318.4% over the past 3 years, which puts extra focus on whether recent optimism is already fully reflected in the share price. The expanded AI chip partnership with Google may support higher long term cash flow expectations...