- Marvell (MRVL +2.3%) shares are up 8% on the week, as investors react to glowing reviews and strong early demand for Google's $35 Chromecast HDMI streaming stick, which (as shown in teardowns) uses an ARM-based Marvell SoC.
- Marvell has followed up by announcing a new SoC for Chromecast hardware.
- Shares +80% YTD. David Einhorn must be happy.
Marvell makes new 52-week highs on Chromecast buzz
Jul 31 2013, 11:42 ET