15 AI News That Broke The Internet

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7. Marvell Technology, Inc. (NASDAQ:MRVL)

Number of Hedge Fund Holders: 70

Marvell Technology, Inc. (NASDAQ:MRVL) engages in the development and production of semiconductors. On November 26th, Wells Fargo raised the firm’s price target on Marvell Technology, Inc. (NASDAQ:MRVL) to $110 from $90 and kept an “Overweight” rating on the shares. Wells Fargo expects faster growth in custom AI ASICs and steady improvement in core revenue to boost confidence in achieving over $4 per share in earnings by fiscal year 2026.

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