Reported 2 days ago
Marvell Technology, Inc. (MRVL) is experiencing a dim outlook for its AI chip segment due to growing fears over tariffs and potential demand shocks. Morgan Stanley predicts robust electricity demand from data centers despite possible recessions, supported by strong spending on AI infrastructure from major tech players. However, concerns linger about the impact of tariffs on semiconductor stocks, with some analysts downgrading price targets for MRVL, indicating that while MRVL has potential, other AI stocks may offer better short-term returns.
Source: YAHOO