Shares of Marvell Technology Inc ( MRVL ) are trading higher by 2.8% to $95.59 Wednesday morning. The stock is gaining as traders and investors watch for fourth-quarter earnings from NVIDIA Corp after the market close.

Shares of chip stocks are also rebounding Wednesday, following news this week President Donald Trump is reportedly considering stricter measures on the country's semiconductor industry. Meanwhile, reports indicate firings at NIST could affect the CHIPS Act, potentially stalling US semiconductor funding.

What To Know: Marvell Technology ( MRVL ), a leading provider of data infrastructure semiconductor solutions, has been a significant player in the AI and cloud computing markets. The company designs and manufactures chips that are essential for data centers, networking, and storage applications—areas that are experiencing surging demand amid the AI boom.

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Given Nvidia's dominance in AI-related GPUs and the expected record-setting revenue guidance, investors are betting that Marvell ( MRVL ), as a key supplier and partner in the AI ecosystem, will also see increased demand for its products.

What Else: Additionally, Marvell ( MRVL ) has positioned itself as a leader in custom silicon solutions for cloud providers, a sector that has seen growing capital expenditures from tech giants like Amazon, Microsoft and Meta Platforms.

With reports indicating that these companies are increasing spending on AI infrastructure, Marvell ( MRVL ) stands to benefit from increased orders and a sustained growth trajectory.

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Investors can gain exposure to MRVL by investing in the VanEck Semiconductor ETF ( SMH ) .

How To Buy MRVL Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Marvell Technology ( MRVL ) case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, MRVL has a 52-week high of $127.48 and a 52-week low of $53.19.