Why Is Marvell Technology Stock Surging Tuesday?
Marvell stock jumped 7% after setting a $20B revenue target for FY28 and up to $90B by FY31, driven by AI chip demand.
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Marvell stock dips 2% premarket after a sharp investor day rally. Wall Street remains bullish as MRVL targets massive long-term AI growth.
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Marvell stock jumped 7% after setting a $20B revenue target for FY28 and up to $90B by FY31, driven by AI chip demand.
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Morgan Stanley analyst Joseph Moore maintains Marvell Technology (NASDAQ:MRVL) with a Equal-Weight and raises the price target from $268 to $300.
-CNBC.