Added to YB: 2024-05-02
Pitch date: 2024-04-29
MRVL [bullish]
Marvell Technology, Inc.
+25.54%
current return
Author Info
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Company Info
Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge.
Market Cap
$78.4B
Pitch Price
$67.25
Price Target
N/A
Dividend
0.26%
EV/EBITDA
32.15
P/E
32.53
EV/Sales
10.33
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Show full summary:
The AI Datacenter, Marvell's Strategy
MRVL: AI to be 30% of rev ($1.5B) in FY24 vs 10% ($550M) in FY23. Custom AI accelerators for hyperscalers a 45% CAGR opp (won 3 sockets). Interconnect biz (Ethernet, InfiniBand, DCI optics) also strong on exploding AI bandwidth needs. 51.2Tb 5nm switch launched. AI TAM 32% CAGR.
Read full article (17 min)