Marvell Technology emerges as a strong AI stock alternative to Nvidia, with promising growth potential.

From Nasdaq: 2024-12-07 07:45:00

Artificial intelligence (AI) has propelled Nvidia’s stock to a 183% gain in 2024, yet doubts arise regarding long-term growth sustainability. Despite exceeding expectations, Nvidia’s revenue surged by 94% to $35.1 billion in Q3 fiscal 2025, driving earnings up by 103% to $0.81 per share. However, a slower revenue growth forecast and margin pressure from Blackwell processors have spooked investors.

Marvell Technology emerges as a potential AI stock alternative to Nvidia, boasting a 7% revenue increase to $1.52 billion in Q3 fiscal 2025. The data center segment, generating 73% of revenue, nearly doubled in sales, offering a promising outlook. Marvell anticipates a 26% revenue surge in Q4, driven by demand for custom AI processors.

Marvell’s strong AI-related growth could lead to a 31% revenue increase and 63% earnings growth in fiscal 2026. Analysts foresee a 43% market capitalization increase to $120 billion if Marvell maintains its growth trajectory. The potential for exponential gains and a promising competitive position make Marvell an attractive investment opportunity in the AI sector.



Read more at Nasdaq: Missed Out on Nvidia? Buy This Magnificent Artificial Intelligence (AI) Stock Before It Soars at Least 43% in 2025.