Core Insights - Marvell Technology's stock increased nearly 6% following Amazon's announcement of significant growth in its Trainium processor business, which Marvell exclusively manufactures [1] - Amazon's Trainium2 has become a multibillion-dollar business, experiencing a 150% growth quarter-over-quarter, with full customer subscription [1][2] - Marvell is strategically positioned within Amazon's AI infrastructure development, with the deployment of nearly 500,000 Trainium2 chips in Amazon's Project Rainier supercomputer and plans for over one million chips by year-end [2] Financial Projections - Amazon's capital expenditure forecast for 2025 has risen to $125 billion, benefiting Marvell's custom ASIC business and optical connectivity products from the 2021 Inphi acquisition [4] - Analyst projections indicate that Marvell's custom ASIC segment will grow by 18% to 20% in 2026, supported by ongoing collaboration with Amazon on next-generation 2nm Trainium4 technology [5] Market Position - Marvell has transformed from a diversified chip maker into a leader in AI infrastructure, with its data center business now accounting for 75% of total revenue, up from 34% two years ago [7] - J.P. Morgan analyst reaffirmed an "Overweight" rating on MRVL stock with a price target of $120, emphasizing Marvell's strategic positioning as cloud providers increase AI spending [3]

ab 24 August 2025 Global Research US Semiconductors and Semi Equipment SemiBytes: Thoughts on INTC, AVGO Preview, SITM AI Revenue Opportunity More details on the INTC-US Government investment Friday post close, INTC and the Trump Administration finalized an agreement to convert the remaining $5.7B in CHIPS grants and the $3.2B awarded to INTC as part of the Dept of Defense secure enclave program into an equity stake. Under the terms of the agreement, the US Government will purchase ~433MM shares @ $20.47/sh ...

Core Viewpoint - Broadcom is expected to report strong earnings on June 5, 2025, with projected earnings of $1.57 per share and sales of $14.97 billion, reflecting significant year-over-year growth driven by AI-related products and custom ASIC sales [2][3]. Financial Performance - Broadcom has a market capitalization of $1.1 trillion and generated $55 billion in revenue over the last twelve months, with operating profits of $19 billion and net income of $10 billion [3]. Historical Earnings Reaction - Historically, Broadcom's stock has reacted positively to earnings announcements, with a positive one-day return in 80% of instances over the past five years, showing a median gain of 2.9% and a maximum one-day increase of 24.4% [1][7]. - In the last three years, the percentage of positive one-day returns decreased to 73%, with a median of 2.9% for positive returns and -6.2% for negative returns [7]. Trading Strategies - Event-driven traders can benefit from understanding historical patterns, including correlations between short-term and medium-term returns post-earnings [5][6]. - Pre-earnings positioning can be analyzed based on historical probabilities, while post-earnings positioning can leverage correlations between immediate and medium-term returns [6].