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MRVL Stock Forecast: Semiconductors and the Future of AI

July 18, 2023

This MRVL Stock Forecast article was written by Anastasia Makuyev – Quantitative Analyst at I Know First.

Marvell Technology is strategically positioning itself in the rapidly growing artificial intelligence (AI) sector. The company's CEO projects a significant increase in AI-related revenues, indicating its commitment to harnessing the transformative power of AI.
Marvell has a history of consistent financial growth, with rising total revenues and healthy gross profit margins. The company's financial performance demonstrates its cost-effective operations and solid financial health.
Despite competition from industry giants, Marvell has maintained its ground and boasts a solid market capitalization. The company's competitive position and market cap highlight its strength within the semiconductor industry.

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June 9, 2020

The article was written by Chloe Peng, Analyst at I Know First., Master of Science of Finance candidate at Brandeis University.

Marvell recovered from COVID-19 impact quickly and doubled its stock price since mid-March 2020, with earnings beating estimations.
Marvell ‘s partnership with Samsung and Nokia grants it with great opportunities in 5G market and strong growth potentials.
According to the DCF model, the fair value of MRVL stock should be 61% higher than its current price. Thus, I have a bullish outlook for MRVL in 2020.