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Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Marvell Technology. The Motley Fool has a disclosure policy. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Calgary, Alberta--(Newsfile Corp. - January 7, 2025) - Marvel Biosciences Corp. (TSXV: MRVL) (OTCQB: MBCOF) ("Marvel" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement of common shares of ‎the Company (each a "Common Share") at a price of $0.15 per Common Share for gross ‎proceeds of a minimum of $1,935,000 and up to a maximum of $2,500,000 (the "Offering").‎It is anticipated that the net proceeds from the Offering will be used to pay a deposit for phase ...

Company Performance and Stock Movement - Marvell Technology shares rose nearly 2% intraday Monday to $120 22 and have doubled over the past year [3] - The company's current-quarter revenue forecast significantly exceeded Wall Street expectations [2][3] Technological Advancements - Marvell's artificial intelligence (AI) accelerator chips (XPUs) are now better able to increase the performance of AI servers [1][3] - The company's co-packaged optics technology boosts server performance by increasing XPU density from tens of chips within one server rack to hundreds across multiple racks [1][3] - The integrated technology is now available for Marvell's clients, namely cloud hyperscalers, to develop custom XPU designs [1] Financial Outlook - Marvell is on track to exceed its previous expectation that AI network and custom processor chip sales would reach $2 5 billion by fiscal 2026 [2]

Marvell Technology's CPO Innovation - Marvell Technology advances its custom XPU architecture with co-packaged optics (CPO) technology, enabling seamless integration into next-generation custom XPUs and scaling AI server performance [1] - The custom AI accelerator architecture combines XPU compute silicon, HBM, and Marvell 3D SiPho Engines, eliminating the need for electrical signals to leave the XPU package, achieving 100X longer connections than electrical cabling [2] - CPO technology integrates optical components directly within a single package, minimizing electrical path length, reducing signal loss, and enhancing data throughput with high-bandwidth silicon photonics optical engines [3] Marvell's 3D SiPho Engine - The Marvell 3D SiPho Engine supports 200Gbps electrical and optical interfaces, delivering 2x the bandwidth, 2x the input/output bandwidth density, and 30% lower power per bit compared to 100G interfaces [4] - Marvell's silicon photonics technology has been deployed for over eight years, logging over 10 billion field hours, and is qualified for high-volume production by leading hyperscalers [5] Marvell's Interconnect Portfolio - Marvell's interconnect portfolio includes high-performance SerDes, die-to-die technology IP, PCIe retimers, CXL devices, Active Electrical Cable, Active Optical Cable digital signal processors, PAM optical DSPs, and coherent DSPs for data center interconnect modules [6] Industry Impact and Future Growth - Marvell's CPO architecture enables cloud hyperscalers to develop custom XPUs, increasing AI server density from tens within a rack to hundreds across multiple racks [7] - Industry experts forecast CPO port shipments to grow from less than 50 thousand today to over 18 million by 2029, with Marvell positioned to enable hyperscalers to unlock CPO's potential [8] Executive Insights - Marvell executives highlight the importance of CPO in scaling AI server performance, addressing increasing bandwidth demands, and optimizing power consumption for next-generation accelerated infrastructure [8]

Company Overview - Marvell Technology's stock surged 83% last year, driven by its growing artificial intelligence (AI) chip business [1] - The company's portfolio includes ASICs used by cloud giants for custom AI accelerators, networking chips, and digital signal processors, alongside less-attractive non-AI segments like broadband, telecom equipment, consumer electronics, and automotive chips [2] - Marvell's AI chip business is booming, while its non-AI segments are in a down-cycle, leading to a high valuation [3] Market Position and Growth - Marvell has a smaller ASIC business compared to Broadcom but benefits from Amazon as a key customer, leveraging Amazon's push for custom chips [4] - The company signed a comprehensive five-year collaboration agreement with Amazon, covering ASICs, optical communications modules, ethernet, and PCIe equipment for AI data centers [5] - Marvell's data center segment grew 98% last quarter, now accounting for 72.6% of revenue, transforming the company into a high-growth AI franchise [7] Innovation and Technology - Marvell unveiled a custom high-bandwidth memory (HBM) interface technology in December, addressing a bottleneck in AI training and inferencing, further solidifying its reputation as an AI innovator [6] Financial Outlook - Marvell's addressable market, including ASICs, switching, interconnect, and storage controller chips, is projected to grow from $21 billion in 2023 to $75 billion by 2028, with market share increasing from 10% to 20% [9] - The company aims to achieve $15 billion in data center revenue by 2028, up from a $4.4 billion run-rate today, with total revenue projected at $19 billion [10] - Assuming a 30% adjusted operating margin, Marvell could generate $5.7 billion in operating earnings and nearly $5 billion in net income by 2028 [11] Valuation and Investment Considerations - Marvell currently trades at 43 times next year's earnings estimates, reflecting a high valuation [8] - Investors are paying over 20 times 2028 earnings, which may seem high given the uncertainty in the fast-moving AI space [11] - The valuation could be justified if Marvell's AI outlook improves, as rival Broadcom recently raised its AI total addressable market estimate to $60-$90 billion by 2027 [12] Investment Strategy - Marvell may not be the best buy after its 2024 run but could be a hold as long as the AI market continues to grow [13] - Investors should monitor for any slowdown in AI infrastructure buildout, which could lead to a significant pullback [13] - For new investors, Marvell is worth adding to a watchlist, but waiting for a better entry price may be prudent [13]

Stock Performance - Marvell Technology shares rallied 19 2% in December and finished the year up 83% [1] Financial Performance - Marvell grew revenue 7% to $1 52 billion in fiscal Q3 with adjusted EPS rising 5% to $0 43 beating analyst expectations [2] - The company guided for $1 8 billion in revenue for the current quarter representing 19% sequential growth or 99% annualized growth [5] Segment Performance - Data center segment revenue surged 98% year-over-year now accounting for 73% of total revenue up from 39% a year ago [4] - Other segments including enterprise networking carrier telecom equipment consumer electronics and auto industrial applications are in a harsh downcycle [3] Strategic Developments - Marvell announced a five-year deal with Amazon to collaborate on AI data center infrastructure including custom ASICs and digital optical networking chips [5] - The company unveiled a new memory interface to boost ASIC speed and efficiency and introduced the industry's first 1 6 terabyte-per-second PAM4 digital signal processor for AI communications [6] Valuation and Outlook - Marvell trades at 43 times forward earnings estimates reflecting a premium valuation [7] - The company's future performance hinges on the strength and duration of the AI buildout with potential risks of overvaluation if growth slows [7]

It was just over a year ago in the final week of December 2023 that I wrote an article on SoundHound AI (SOUN -1.16%), discussing whether the voice artificial intelligence (AI) solutions provider could help investors become millionaires in the long run.I had assumed that an investment of $100,000 in SoundHound stock at the end of December 2023 could be worth $530,000 by the end of 2030. However, the stock has significantly outpaced those expectations, jumping more than 1,000% in the past year as of this wri ...

Stock Performance - Marvell Technology's stock has surged nearly 92% year to date (YTD), significantly outperforming the Zacks Electronics - Semiconductors industry's 65.3% rise and the SPDR S&P Semiconductor ETF's (XSD) 15.6% gain [1] - The company's performance surpasses semiconductor giants like Texas Instruments (TXN) and Micron Technology (MU), which have risen 12.5% and 5.2%, respectively [1] Technological Investments - Marvell has invested in cutting-edge technologies such as PCIe Gen 6 retimers and advanced interconnect solutions, enhancing data center efficiency and solidifying its leadership in AI infrastructure [2] Earnings and Sales Estimates - Zacks Consensus Estimate for earnings shows significant year-over-year growth: 28.26% for the current quarter, 145.83% for the next quarter, 3.31% for the current year, and 72.73% for the next year [3] - Sales estimates indicate robust growth: 26.41% for the current quarter, 60.90% for the next quarter, 4.46% for the current year, and 40.32% for the next year [9] Valuation - Marvell's trailing 12-month price-to-earnings (P/E) ratio of 44.76 exceeds the industry average of 35.01, reflecting a premium valuation justified by its leadership in AI and strong financial trajectory [3][10] AI Sector Opportunities - The global AI chip market is forecasted to grow from $123.16 billion in 2024 to $311.58 billion by 2029, at an annualized rate of 20.4% [6] - Marvell's advanced electro-optics solutions, including PAM DSPs and ZR interconnects, position the company as a foundational player in next-generation data infrastructure [11] Data Center Momentum - Marvell reported robust growth in its data center segment, with management forecasting sequential revenue growth in the low-to-mid 20% range for the fourth quarter, driven by custom AI compute programs [7] Custom Silicon Solutions - Marvell's emphasis on custom silicon solutions meets the specific needs of cloud service providers, a critical segment for AI adoption [15] Financial Resilience - Despite global supply-chain disruptions, Marvell has managed pricing and streamlined its portfolio to sustain profitability, with analysts anticipating a 40% revenue surge and a 73% EPS increase in fiscal 2026 [16] Conclusion - Marvell Technology remains a compelling investment due to its strategic alignment with the AI revolution, dominance in custom silicon solutions, and consistent financial performance, justifying its premium valuation [14][17]

Tired of losing money? Our Tech Contrarians team of Wall Street analysts sifts through the noise in the tech industry and captures outperformers through a coveted research process. We let the work speak for itself here .We upgraded Marvell Technology (NASDAQ: MRVL ) to a buy a little over a year ago at $53.74 per share, since then, the stock is up 107% to $109 per share, reaching a high of ~$124 per share around mid-December and outpacing theAnalyst’s Disclosure: I/we have no stock, option or similar deriva ...