Marvell: I Still Like The Stock Ahead Of Earnings (Preview)
Marvell Technology has seen significant growth this year, largely due to Nvidia's investment and positive forecasts. The company has raised its revenue guidance for FY2027, indicating strong growth potential. Analysts remain optimistic about Marvell's future, particularly in the areas of custom silicon and AI chips.
- ▪Marvell Technology's stock has doubled year-to-date.
- ▪Nvidia's $2 billion stake has contributed to Marvell's growth.
- ▪The company raised its FY2027 revenue guidance to $11 billion, suggesting over 30% growth.
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