13 Best NASDAQ Stocks to Buy So Far in 2025

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11. Marvell Technology Inc. (NASDAQ:MRVL)

Number of Hedge Fund Holders: 105

Marvell Technology Inc. (NASDAQ:MRVL) provides data infrastructure semiconductor solutions, that range from the data center core to the network edge. It develops and scales SoC architectures, and integrates analog, mixed-signal, and digital signal processing functionality. Its portfolio includes products like ethernet solutions, single or multiple-core processors, and custom application-specific integrated circuits.

On March 17, Harlan Sur from JP Morgan reaffirmed a Buy rating on the company with a $130 price target due to its strong AI/cloud segment performance. The company’s collaboration with AWS further strengthened this market position. This will provide AWS with customized, high-performance chips (ASICs) for next-gen  XPUs that are crucial for cloud computing.

The company is actively investing in technologies like 1.6T PAM DSPs and 2-nanometer silicon IP, which are needed by next-gen data center interconnects for AI and cloud computing. The company’s data center segment improved by 78% year-over-year in FQ4 2025. For the full fiscal year 2025, this revenue surged by 88%, with the company exceeding its $1.5 billion AI revenue target. Marvell Technology Inc. (NASDAQ:MRVL) now aims to make over $2.5 billion in the full fiscal year 2026.

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