Latest news with #Marvell
Globe and Mail
18 hours ago
- Business
- Globe and Mail
3 Semiconductor Stocks Poised to Surge on AI Spending
It's been a roller coaster year for semiconductor stocks. Many of the biggest names, like NVIDIA Corp. (NASDAQ: NVDA), were on a tear heading into the year on plans for a massive data center buildout to support the needs of artificial intelligence (AI). That hope turned to concern in January when China's DeepSeek large language model was released. This played into the bearish argument that hyperscalers (i.e., companies that require large-scale data centers to accommodate a wide range of cloud computing and data management services) would cut back on their infrastructure spending. However, the first quarter earnings season disproved that assumption. If anything, companies such as Inc. (NASDAQ: AMZN) and Microsoft Corp. (NASDAQ: MSFT) are increasing their infrastructure spending. Questions linger about the possibility of an infrastructure glut at some point in the future. But a market can't be oversupplied without the initial buildout. That's still taking place, and here are three semiconductor stocks that are well-positioned to grow significantly as revenue and earnings increase. Breaking Through the Data Movement Bottleneck Marvell Technology Inc. (NASDAQ: MRVL) makes application-specific integrated circuits (ASICs) that allow data to flow swiftly from one GPU to another. These ASICs are especially important in data center applications where the speed of data flow is paramount. Marvell takes this one step further because it provides custom ASICs for companies like Amazon and Microsoft that make their own AI chips but still need to outsource certain elements. The company's business is not going to garner the headlines that NVIDIA or AMD generate. But its products are every bit as essential to the growing demand for AI infrastructure. The company's data center contracts are important to stock price growth because it's a high-margin business. That's important as some lower margin aspects of the company's business are slowing down. MRVL stock is up 23% since it released its first-quarter earnings report for fiscal year 2026 in late May. It's still trading approximately 30% below the consensus analysts' price target of $96.33. Broadcom Is Paving the AI Infrastructure Highway Broadcom Inc. (NASDAQ: AVGO) is another semiconductor-adjacent play related to AI and cloud infrastructure. In fact, Broadcom is less focused on the cloud sector, but it is essential to AI infrastructure. Broadcom provides the highways allowing companies like Marvell to move data in a data center configuration. Specifically, Broadcom makes connectivity switches that allow GPUs to operate independently of one another. It also makes custom AI accelerators known as XPUs. These can outperform GPUs in some applications but should be thought of as complementary parts of an AI stack. Like most technology stocks, AVGO stock dropped sharply in the first quarter of the year. However, the stock has made up for that loss and more. In fact, it's trading at an all-time high (ATH), and analysts still see more upside ahead. What's particularly impressive about that is that the stock was at an all-time high before its earnings report, when it seemed priced for perfection. The stock dropped when the company's numbers were not as high as hoped, but it's since recovered and moved to a new high. AMD Is Starting to Close the Gap With NVIDIA In the initial data center buildout, NVIDIA has been the central focus for GPU developments, and rightfully so. Soon after launching its Hopper chip, the company also unveiled Blackwell. The company gobbled up market share and still has a commanding lead. But if investors are looking for a name that may close this gap its Advanced Micro Devices (NASDAQ: AMD). While it's presumptuous to suggest this will be a tortoise versus hare situation. AMD's slow and steady approach to its GPU development appears to be taking shape. The company recently launched its Instinct MI325X accelerator, which has a memory capacity larger than that of the NVIDIA H100 chip and is well-suited for large-language models (LLMs). This is an important release for AMD as it tries to capture NVIDIA's data center market share. Investors are taking notice, sending AMD stock more than 24% higher in the last 30 days. Analysts are also raising their price targets, which suggests more upside, particularly after the company's upcoming earnings in late July. Where Should You Invest $1,000 Right Now? Before you make your next trade, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list. They believe these five stocks are the five best companies for investors to buy now...
Yahoo
a day ago
- Business
- Yahoo
BofA Raises Marvell (MRVL) PT, Maintains Buy
Marvell Technology, Inc. (NASDAQ:MRVL) is one of the 10 AI stocks that Jim Cramer and analysts are watching. On June 18, BofA increased its price target on Marvell (NASDAQ:MRVL) to $90 from $80 and kept a Buy rating following a company event focused on its custom-compute (ASIC) segment. The firm believes the AI update may provide reassurance to investors and support the stock's alignment with AI peers. BofA projects 'conceptual EPS power' of approximately $8 by calendar year 2028, exceeding last year's total addressable market estimate of around $6 and nearly 60% higher than the current Street consensus of about $5. On the same day, B. Riley raised its price target on MRVL to $115 from $110 and maintained a Buy rating following the company's custom AI investor webcast. The firm described the update as indicating a 'strong' next-generation AI growth inflection for Marvell. An assembly line in a semiconductor factory, with workers at their stations. On June 9, a caller inquired about the company, and Cramer replied: 'Okay, it's starting to react correctly. When they reported that great quarter, people didn't think it was that good. That's nonsense. Matt Murphy did a terrific job. I like the fact that the stock bounced at 60, and then started heading back, at one point, traded at 71 today. I think you're in great shape with Marvell Technology. I really like it.' Marvell (NASDAQ:MRVL) provides semiconductor solutions for data infrastructure, including system-on-a-chip architectures and interconnect products used across data center and network environments. The company's products support AI workloads through components such as digital signal processors, custom ASICs, and data center interconnect technologies. While we acknowledge the potential of MRVL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Ferric and Marvell Collaborate to Advance Integrated Voltage Regulation for AI and Cloud Infrastructure
Ferric's ultra-compact IVRs for Marvell integrated power solutions to boost performance, efficiency and ROI of accelerated infrastructure NEW YORK, June 25, 2025--(BUSINESS WIRE)--Ferric, Inc., a leader in cutting-edge power conversion solutions, announced its collaboration with Marvell Technology, Inc. (NASDAQ: MRVL) to develop optimized integrated power solutions for Marvell® custom silicon platforms, designed to improve performance, efficiency and return on investment (ROI) for AI and cloud infrastructure. Ferric's proprietary thin-film magnetic technology enables the world's highest density DC-DC power converters and marks a breakthrough in integrated power management. By miniaturizing power regulation at the silicon level, Ferric Integrated Voltage Regulators (IVRs) are more than 10x smaller than conventional solutions— making them uniquely suited for in-package integration in advanced processors. This compact form allows power to be delivered with minimal distance and loss, unlocking unprecedented efficiency, speed and scalability. As hyperscalers seek system-level solutions to support multi-kilowatt compute platforms, this collaboration validates Ferric's unique ability to solve critical power delivery bottlenecks. Ferric IVRs help reduce transmission losses and enable increases in current density—delivering performance gains and better total cost of ownership for cloud operators. "Ferric is thrilled to collaborate with Marvell in providing pre-validated IVR power solutions to their XPU customers," said Noah Sturcken, CEO of Ferric. "Our collaboration provides a streamlined path for integrating Ferric IVRs into some of the most sophisticated and power-hungry processors ever made." "Placing IVR under, near, or inside the package delivers greater performance and efficiency while giving cloud operators greater flexibility when it comes to developing or optimizing their infrastructure," said Will Chu, senior vice president and general manager of Custom Cloud Solutions at Marvell. "We look forward to working with Ferric to continue to bring pre-validated IVR solutions to our custom XPU customers." About Ferric Ferric is a leading innovator in integrated power conversion solutions, specializing in advanced voltage regulation technologies designed to optimize power delivery in next-generation computing systems. By providing dynamic control over power at the core level, Ferric enables greater computational density, higher efficiency and smarter performance across a wide range of industries. With proven reliability and system-level impact, Ferric's solutions play a pivotal role in unlocking the potential of tomorrow's most demanding technologies. Learn more at Marvell and the M logo are trademarks of Marvell or its affiliates. Please visit for a complete list of Marvell trademarks. Other names and brands may be claimed as the property of others. This press release contains forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future events, results or achievements. Actual events, results or achievements may differ materially from those contemplated in this press release. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict, Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and no person assumes any obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise. View source version on Contacts Lauren Fischer for FerricWireside CommunicationsEmail: lfischer@ Phone: +1-402-883-7508 Sign in to access your portfolio
Business Wire
3 days ago
- Business
- Business Wire
Ferric and Marvell Collaborate to Advance Integrated Voltage Regulation for AI and Cloud Infrastructure
NEW YORK--(BUSINESS WIRE)--Ferric, Inc., a leader in cutting-edge power conversion solutions, announced its collaboration with Marvell Technology, Inc. (NASDAQ: MRVL) to develop optimized integrated power solutions for Marvell ® custom silicon platforms, designed to improve performance, efficiency and return on investment (ROI) for AI and cloud infrastructure. Ferric's proprietary thin-film magnetic technology enables the world's highest density DC-DC power converters and marks a breakthrough in integrated power management. By miniaturizing power regulation at the silicon level, Ferric Integrated Voltage Regulators (IVRs) are more than 10x smaller than conventional solutions— making them uniquely suited for in-package integration in advanced processors. This compact form allows power to be delivered with minimal distance and loss, unlocking unprecedented efficiency, speed and scalability. As hyperscalers seek system-level solutions to support multi-kilowatt compute platforms, this collaboration validates Ferric's unique ability to solve critical power delivery bottlenecks. Ferric IVRs help reduce transmission losses and enable increases in current density—delivering performance gains and better total cost of ownership for cloud operators. 'Ferric is thrilled to collaborate with Marvell in providing pre-validated IVR power solutions to their XPU customers,' said Noah Sturcken, CEO of Ferric. 'Our collaboration provides a streamlined path for integrating Ferric IVRs into some of the most sophisticated and power-hungry processors ever made.' 'Placing IVR under, near, or inside the package delivers greater performance and efficiency while giving cloud operators greater flexibility when it comes to developing or optimizing their infrastructure,' said Will Chu, senior vice president and general manager of Custom Cloud Solutions at Marvell. 'We look forward to working with Ferric to continue to bring pre-validated IVR solutions to our custom XPU customers.' About Ferric Ferric is a leading innovator in integrated power conversion solutions, specializing in advanced voltage regulation technologies designed to optimize power delivery in next-generation computing systems. By providing dynamic control over power at the core level, Ferric enables greater computational density, higher efficiency and smarter performance across a wide range of industries. With proven reliability and system-level impact, Ferric's solutions play a pivotal role in unlocking the potential of tomorrow's most demanding technologies. Learn more at Marvell and the M logo are trademarks of Marvell or its affiliates. Please visit for a complete list of Marvell trademarks. Other names and brands may be claimed as the property of others. This press release contains forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future events, results or achievements. Actual events, results or achievements may differ materially from those contemplated in this press release. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict, Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and no person assumes any obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.
Yahoo
3 days ago
- Business
- Yahoo
Cantor Fitzgerald Raises Marvell (MRVL) Price Target, Maintains Neutral Rating
Marvell Technology, Inc. (NASDAQ:MRVL) is one of 10 AI stocks that will skyrocket. Marvell Technology, Inc. (NASDAQ:MRVL) received a price target increase from Cantor Fitzgerald on June 18, with the firm raising its estimate to $75 from $60. Despite the upward revision, Cantor maintained a Neutral rating on the semiconductor stock. In a research note, Cantor acknowledged that Marvell's expanding total addressable market aligns with ongoing momentum in the data center space. Analysts called the company's recent commentary 'an overall positive step forward' in understanding its long-term growth trajectory. Copyright: ralwel / 123RF Stock Photo However, the note expressed disappointment over the limited updates on ramp progress with cloud giants Amazon and Microsoft. Cantor cited lingering investor concerns over a potential slowdown extending into mid-2026. The firm did note encouraging signs from Marvell's engagement with a new hyperscale customer but emphasized that visibility into the financial impact remains limited. Without concrete figures, estimating earnings contributions through 2028 remains a challenge, analysts said. Cantor also questioned Marvell Technology, Inc. (NASDAQ:MRVL)'s goal to reach 20% market share in the data center segment. Analysts suggested that growth in custom silicon is likely to remain concentrated among hyperscalers with large language model deployments, a scenario seen as favorable to Broadcom. The revised $75 price target is based on a valuation of approximately 20 times Cantor's projected 2026 earnings per share estimate of $3.60, which the firm described as a more fitting multiple for Marvell's outlook. While we acknowledge the potential of MRVL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MRVL and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Best Small Cap Tech Stocks With Biggest Upside Potential and 7 Most Popular AI Penny Stocks Under $5 To Avoid. Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
