15 AI Stocks Taking Wall Street by Storm

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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 27, Susquehanna raised the firm’s price target on Marvell Technology, Inc. (NASDAQ:MRVL) to $110 from $95 and kept a “Positive” rating on the shares. Previewing the company’s quarterly results, the firm expects good performance from Inphi and custom ASIC due to strong AI demand. Moreover, positive commentary about Carrier Infra and Enterprise Networking further supports the optimistic narrative.

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