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Marvell Technology CEO Matt Murphy said that trust—both from customers and investors—has been a key driver behind the chipmaker's stock rising 241% over the past year. The comments come as Marvell continues to benefit from strong demand tied to AI infrastructure and custom silicon deals. The remarks add color to the semiconductor sector's broader rally, with Marvell frequently cited alongside other AI infrastructure beneficiaries as investors weigh which chipmakers are best positioned for continued growth.