Home / Business and Economy / Marvell Surges Ahead in AI Race, Defying Market Sentiment
Marvell Surges Ahead in AI Race, Defying Market Sentiment
1 Aug
Summary
- Morgan Stanley analyst raises Marvell's price target
- Marvell seen as an "AI winner" with strong optical prospects
- Analyst confident in AI spend durability through 2026
In a significant development for the tech industry, Marvell Technology, Inc. (NASDAQ:MRVL) has been identified as one of the AI stocks making waves on Wall Street. According to a recent report, on July 30, 2025, Morgan Stanley analyst Joseph Moore raised the price target on Marvell's stock to $80.00 (from $73.00) while maintaining an "Equal Weight" rating.
The analyst noted that Marvell is "firmly in the AI winners camp," despite a recent swing in sentiment compared to a few months ago. Moore expressed greater excitement for Marvell's opportunity in the optical market, which he believes brings higher margins and durability compared to the company's ASIC (Application-Specific Integrated Circuit) business, which has disappointed in the past.
Looking ahead, the analyst expects Marvell to benefit from strong AI demand in the coming year. "While stock prices have moved higher, our conviction on AI spend durability in 2026 continues to grow," Moore wrote.
Marvell Technology, Inc. is a leading semiconductor company that focuses heavily on data centers. The company's strong positioning in the AI space and its promising optical prospects have caught the attention of industry analysts, who see significant potential for the company to capitalize on the growing demand for AI-powered technologies in the years to come.
