Professional
Added to YB: 2024-08-05
Pitch date: 2024-06-30
MRVL [bullish]
Marvell Technology, Inc.
+21.1%
current return
Author Info
No bio for this author
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
$69.72
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
Artisan Mid Cap Fund New Position: Marvell Technology, Inc.
MRVL: Semiconductor co. w/ broad IP in data switching/storage. Well-positioned for AI data centers (custom silicon, optical, switching). Opportunity in cost-effective custom chips for cloud providers. Potential cyclical recovery post-inventory correction. Serves growing markets: data centers, wireless networks, autos. May reduce cloud reliance on expensive GPUs.
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