NVDA - Marvell Technology Poised To Expand Leadership In AI Chip Market Analyst Sees Market Potential Worth Billions | Benzinga
BofA Securities analyst Vivek Arya reiterated a Buy rating on Marvell Technology, Inc. (NASDAQ:MRVL) with a price forecast of $95.
The analyst sees Marvell showcasing its broad range of computing, electro-optics, networking, and custom-chip design assets at its “Accelerated Infrastructure For The AI Era Event” on April 11.
According to Arya, Marvell could outline a $20 billion- $30 billion incremental TAM, with the potential for a 10%+ share in custom AI accelerators/server ASICs.
The analyst also sees a small but incremental opportunity in high-speed Ethernet switches and the ability to ...