Core Viewpoint - Chip stocks, particularly Marvell Technology, have faced significant declines due to advancements in AI by competitors and ongoing tariff concerns, despite their previous strong performance [1][2]. Company Overview - Marvell Technology, headquartered in Wilmington, Delaware, is a significant player in the AI semiconductor market, offering custom AI chips and data center innovations essential for AI applications [3]. Financial Performance - Marvell Technology reported Q4 EPS of $0.60, an increase from $0.46 in the same quarter last year, surpassing the Zacks EPS Consensus of $0.59 [5]. - The company is projected to see a 75% increase in annual earnings for fiscal 2026, reaching $2.75 per share, up from $1.57 in FY25, with FY27 EPS expected to rise another 28% to $3.52 [8]. Market Sentiment - Jim Cramer expressed a positive outlook on Marvell Technology, suggesting that current stock levels present a buying opportunity, despite recent selloffs [4][5]. - The Zacks Rank indicates a strong buy for Marvell Technology, supported by positive earnings estimate revisions, with the stock trading at a forward earnings multiple of 24.2X, significantly lower than its one-year high of 151.4X [9][10]. Price Target - The average Zacks Price Target for Marvell Technology is $121.73, indicating a potential upside of 85% from current levels [10].