IPHI - Marvell Makes A Bold Move That Could Pay Off Or Backfire
- Marvell sees Q4 revenue and net income increasing after double-digit growth in Q3, despite dealing with supply constraints.
- Marvell is making a big bet with the acquisition of Inphi Corp, which looks fitting after Q3 results were driven by networking with 5G leading the way.
- Inphi can address a number of Marvell's shortcomings, but it will have to be done at a steep price in the vicinity of $10B.
- While Inphi could pay off handsomely for Marvell, it may also have overpaid for an asset that could have been less attractive if not for COVID-19.
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Marvell Makes A Bold Move That Could Pay Off Or Backfire