Marvell’s Google AI Chip Deal Could Drive $120 Billion in Long-Term Revenue: Analyst
Rosenblatt and Needham both raised price forecasts on Marvell Technology (MRVL) to $300 following fiscal Q2 results and an upgraded revenue outlook driven by data center demand.
Marvell made a big deal to help Google build special computer chips, and experts think this could bring the company lots of money over many years. When experts feel more hopeful about a company's future, that's a sign the business might be doing something really smart.
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