From Yahoo Finance: 2025-06-17 16:05:00

Barclays reaffirmed an “Overweight” rating on Marvell Technology, Inc. (MRVL) with a price target of $80. The company is making progress in its technology, particularly in 3nm process technology with Amazon, securing wafer capacity, and collaborating with Microsoft on XPU computing units. Concerns exist about weaker demand in the optical segment. Marvell plans to buy back shares and sell its automotive division.



Read more at Yahoo Finance: Barclays Keeps Overweight Rating on Marvell Technology (MRVL)