Marvell Technology, Inc. (NASDAQ: MRVL) receives a price target increase from Stifel, now at $95 with a Buy rating. Stifel notes growth in optical business post-Inphi acquisition, revenue jumping from $800M to $3B. Innovium acquisition successful, generating double expected revenue. Custom silicon business shows strong engagement with $75B revenue potential.

Marvell Technology, Inc. (NASDAQ: MRVL) is a leading American semiconductor company focusing on AI, data centers, compute, networking, and storage infrastructure. While MRVL shows promise, Stifel suggests other AI stocks offer greater potential. For insights on an undervalued AI stock benefiting from tariffs and onshoring, refer to a free report.

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Read more at Yahoo Finance: Stifel Raises Marvell (MRVL) Price Target, Keeps Buy Rating