Core Insights - A stock market selloff was anticipated following the post-Trump election euphoria that significantly boosted AI stocks and other growth sectors, leading to a healthy correction and an opportunity to invest in AI at more reasonable levels [1][5] - Long-term investors are encouraged to start investing in undervalued AI stocks, as the earnings growth outlook remains strong, with S&P 500 EPS projected to increase by 13.3% in 2025 and 13.7% in 2026, alongside expected interest rate cuts by the Fed in 2025 [2] Company Overview: Marvell Technology, Inc. (MRVL) - Marvell is a leader in data infrastructure semiconductor solutions, providing essential products for AI data-center architectures, including data center switches and Ethernet controllers [4][5] - The company has a strong earnings outlook, earning a Zacks Rank 1 (Strong Buy) after a positive Q4 report, with AI silicon programs entering volume production and strong growth in interconnect products [6] - Marvell's revenue is projected to grow by 44% this fiscal year, reaching $10 billion, with adjusted earnings expected to increase by 75% this year and 28% next year [7] Market Performance and Stock Analysis - Despite a solid earnings report, MRVL's stock price fell due to a Q1 2026 revenue forecast that did not meet high expectations, raising concerns about slowing AI infrastructure spending [8] - The stock has experienced a 45% decline from its January highs, trading at decade-long lows in terms of its PEG ratio, despite a 335% increase over the past decade [5][13] - Marvell's stock is currently trading at a 50% discount to the Zacks Tech sector and 95% below its highs, indicating potential for recovery [13] Financial Health - Marvell reported $1.68 billion in annual operating cash flow for fiscal 2025, demonstrating financial stability, and returned $933 million to shareholders through repurchases and dividends [11] - The company has received strong buy recommendations from 28 out of 32 brokerages, indicating positive sentiment among analysts [11]