It was just over a year ago in the final week of December 2023 that I wrote an article on SoundHound AI (SOUN -1.16%), discussing whether the voice artificial intelligence (AI) solutions provider could help investors become millionaires in the long run.
Zacks.com users have recently been watching Marvell (MRVL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
MRVL's AI-driven growth and strong financial performance make it a must-buy despite its premium valuation.
We reiterate our buy rating on Marvell Technologies considering its position in the next big thing in AI: custom ASIC. Marvell's expanded agreement with Amazon AWS and its AI custom ASICs position should expand its SAM next year and support continued outperformance. The stock ran up post-Q3 earnings before deflating a bit, making better entry points to add at current levels.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
The AI and semiconductor boom shows no signs of slowing down, with governments and major venture capital players ramping up investments to drive further development. In the US, the CHIPS Act continues to allocate funds to domestic chipmakers, while just yesterday, SoftBank CEO Masa Son, alongside Donald Trump, announced plans to invest $100 billion in the US, focusing on AI and its supporting infrastructure.
Here is how Marvell Technology (MRVL) and Konica Minolta Inc. (KNCAY) have performed compared to their sector so far this year.
Marvell Technology, a semiconductor company specializing in integrated circuits tailored for the data center space, saw its stock jump by 10% in Friday's trading amid optimism about demand for the company's custom AI chips. While Marvell stock is up by almost 2x this year, the recent rally comes as fellow semiconductor player Broadcom guided that sales of its AI products would grow by 65% in the first quarter.
There's no denying that technology powerhouse Nvidia (NVDA -2.25%) has been the centerpiece of the artificial intelligence (AI) movement thus far.
Marvell Technology's data center growth surged in Q3'25, with a 98% increase driven by AI demand, setting a strong foundation for eFY26. A major restructuring in Q3'25 refocused Marvell on data center products such as custom silicon, DCI, and Ethernet in order to enhancing operational leverage and profitability. Marvell's strategic partnership with AWS and advancements in custom AI silicon and optical products are expected to drive significant growth in eFY26.
Marvell (MRVL) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Most of the discussion in the market around AI stocks right now is centered on top chip stocks, and for good reason.