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Posted by
Two Blokes May 28, 2025 -
Filed in
Stock
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Upgrading Marvell Technology, Inc. to Strong Buy with $114 price target, driven by robust data center demand and XPU ramp-up with AWS partnership. AI adoption and hyperscaler capital investments are fueling significant growth in cloud infrastructure, positioning Marvell for strong revenue acceleration in eFY26. The $2.5b sale of the automotive Ethernet business may help strengthen Marvell's balance sheet and sharpen its focus on high-growth data center opportunities.
