Marvell (MRVL) Expands Role in Cloud Infrastructure and Semiconductor Innovation

Marvell Technology, Inc. (NASDAQ:MRVL) is among Goldman Sachs’ top semiconductor stock picks. On January 14, RBC Capital Markets initiated coverage on Marvell Technology, Inc. (NASDAQ:MRVL) with an Outperform rating. The firm set a $105 price target on the shares citing Marvell’s dominance in the data center market. Marvell (MRVL) Expands Role in Cloud Infrastructure and Semiconductor Innovation According to Srini Pajjuri, the lead analyst, Marvell appears to have robust orders for the AWS Trainium3 chip ...