RBC Bullish on Marvell’s (MRVL) Data Center and AI Chip Growth

1 month ago 30

Sheryar Siddiq

Fri, January 30, 2026 astatine 8:10 AM CST 1 min read

Marvell Technology, Inc. (NASDAQ:MRVL) ranks among the most promising QQQ stocks according to hedge funds. On January 14, RBC Capital launched sum of Marvell Technology, Inc. (NASDAQ:MRVL), with an Outperform standing and a terms people of $105. The steadfast underlined Marvell’s ascendant presumption successful the information halfway sector, citing the company’s important contracts for AWS Trainium3 chips and its caller Celestial acquisition, implying that Marvell Technology, Inc. (NASDAQ:MRVL) volition proceed to beryllium an important ASIC supplier for Trainium 4.

Analyst Srini Pajjuri described Marvell’s optical part arsenic “on coagulated footing,” but identified scale-up and customized SmartNICs arsenic “underappreciated maturation opportunities” for the company.

Moreover, connected January 6, Marvell Technology, Inc. (NASDAQ:MRVL) signed a definitive woody to get XConn Technologies for astir $540 million. This acquisition is expected to beryllium paid for with a operation of currency and stock, totaling astir 2.5 cardinal shares of MRVL communal stock.

Marvell Technology, Inc. (NASDAQ:MRVL) is simply a semiconductor improvement and manufacturing institution with a large absorption connected information centers.

While we admit the imaginable of MRVL arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.