Marvell Plays AI Hardball: Divestiture Sparks 155% Upside, Says Analyst

Marvell Technology Inc MRVL is making a clean break from its automotive ambitions, and JPMorgan's Harlan Sur thinks that's exactly the kind of focus investors should be betting on.Following the company's $2.5 billion sale of its Automotive Ethernet business to Infineon Technologies AG, Sur reiterated an Overweight rating and placed a $130 price target by December 2025, implying a 155% upside from Friday's close at $51.AI Gets The Green LightWhile growing fast, the automotive Ethernet business isn't expected ...