Marvell Technology Group Ltd. Stock News

Shares of Marvell Technology (MRVL 2.55%) rallied 33.7% in the month of September, according to data from S&P Global Market Intelligence.

I'm upgrading Marvell Technologies to a Strong Buy, as a key customer Microsoft ramps up custom AI chip (Maia) production, boosting MRVL's 2026 outlook. MRVL's revenue growth is set to accelerate, with potential FY26 revenues reaching $10.5B, per my estimates, driven by Maia and improving AI accelerator demand. Management signals confidence through $6B in buybacks, accelerated repurchases and i...

Marvell delivered robust Q2 results, driven by strong data center growth and continued AI infrastructure innovation. Management's confidence is evident through a $5 billion share buyback program and significant insider stock purchases, signaling belief in long-term value. Q3 guidance is a bit soft, with decelerating growth and gross margin pressures, but long-term prospects are positive.

In 2025, one of the more disappointing artificial intelligence (AI)-driven stocks in the market has been Marvell Technology NASDAQ: MRVL. Year-to-date, shares have provided a total return of around -25%.

TD Cowen cuts its recommendation on Marvell stock to Hold from Buy and reduces its price target to $85 from $90.

TD Cowen analysts cited a “dynamic of volatility and limited visibility,” saying there are cleaner narratives elsewhere in the chip sector.

Marvell Technology is a high-growth semiconductor company poised to benefit from strong AI-driven demand and robust revenue expansion. MRVL stock is down 30% YTD, now trading at a justified premium due to its 37% revenue growth rate versus peers' 7%. Recent FQ2 2026 results showed 57% revenue growth and 120% EPS growth, with data center revenue up 69% year-over-year.

Broadcom (AVGO -0.37%) is turning out to be one of the biggest beneficiaries of the artificial intelligence (AI) chip boom after Nvidia. That's because the application-specific integrated circuits (ASICs) that Broadcom designs have been a huge hit among cloud service providers looking for cheaper alternatives to the expensive graphics cards that Nvidia sells.