Marvell Soars 32% in 3 Months — Is MRVL Stock a Buy, Sell, or Hold?

Core Viewpoint - Marvell has experienced a significant rebound in its stock price, driven by strong performance in its data center business, despite a challenging start to the year [1][2]. Company Performance - Marvell's stock is up 33% over the past three months, although it remains down nearly 20% year-to-date compared to the S&P 500 Index's 16.4% gain [1]. - The company's data center business saw a remarkable 38% year-over-year growth in the third quarter, indicating robust demand [4]. Market Position and Outlook - Marvell is well-positioned to capitalize on the growing AI-driven spending and new product cycles, suggesting that the strength in its data center segment is sustainable [2][6]. - The company anticipates more than 25% revenue growth in its data center segment for fiscal 2027, with an even stronger outlook for fiscal 2028 [6]. Industry Context - Marvell designs specialized semiconductors that support cloud computing, networking, and AI systems, positioning itself as a key player in the expanding AI data center market [3]. - The broader semiconductor sector remains competitive, but Marvell's focus on infrastructure for AI provides a compelling growth opportunity [3][4]. Strategic Initiatives - Long-term partnerships and strong bookings are expected to underpin significant growth in fiscal 2027 and accelerate further in fiscal 2028 [5]. - Upcoming product launches and deeper customer integration are anticipated to drive substantial growth in the coming years [6].