Marvell Bets on Microsoft, AWS, and Google to Power Its Next Growth Wave
Rosenblatt and Susquehanna cited momentum in Marvell’s optical interconnects and AI networking, including robust demand for AWS Trainium and Marvell’s new agreement with Google. They also pointed to wider read-throughs across data center interconnects and custom silicon used in hyperscaler AI buildouts, alongside an earnings-power view reaching $10.50 by FY2029.
Coverage (5)
- Marvell Wins Wall Street. Google Bets $12 Billion. Amazon Fears Fade. (finance.yahoo.com)
- Marvell Wins Wall Street. Google Bets $12 Billion. Amazon Fears Fade. (barchart.com)
- Marvell Announced a Google AI Deal That Could Generate Up to $120 Billion. The Stock Fell 8% (finance.yahoo.com)
- Marvell Drops 8% as Google's $120 Billion Promise Arrives Too Late (finance.yahoo.com)
- Marvell (MRVL) Is Betting on Microsoft, AWS and Google to Power Its Next Growth Wave (finance.yahoo.com)