Marvell Technology, Inc. (MRVL) Sees AI Chip Outlook Dim as Tariff Fears Grow

From Yahoo Finance: 2025-04-19 16:15:00

  • Marvell Technology, Inc. (MRVL) is facing dim AI chip outlooks due to growing tariff fears. Stifel lowered the price target to $80 from $115, anticipating softer June quarter outlooks. Despite tariff impacts, the firm believes semiconductor stocks may enter a downturn.
  • MRVL ranks 8th on the top 10 AI stocks list. While it holds investment potential, other AI stocks may promise higher returns in a shorter timeframe. Check out a report on the cheapest AI stock for massive gains.
  • Data centers’ power demand is expected to remain resilient, with a forecast of 20-40% growth in 2025. Industrial demand may dip in the short term, but reshoring manufacturing could help. Energy stocks have shown resilience during economic downturns, with utilities considered favorable in a recession.
  • US power demand from data centers is projected to grow 20-40% in 2025, with strong double-digit growth likely to continue in 2026-30. Electricity consumption from artificial intelligence is expected to increase tenfold by 2028. Hyperscalers like Meta, Amazon, and Alphabet are expected to boost spending on AI infrastructure.

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