Jim Cramer Discusses These 10 Stocks & Comments On Short Sellers

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

Number of Hedge Fund Holders In Q4 2024: 105

Marvell Technology, Inc. (NASDAQ:MRVL) is an American semiconductor designer that sells networking and other chips. It’s emerged as a key player in the AI era due to its ability to design custom AI chips. These chips can prove to be a lower-cost option to NVIDIA’s pricey GPUs. However, Marvell Technology, Inc. (NASDAQ:MRVL)’s shares sank by a whopping 20% in March after the firm’s Q1 revenue guidance of $1.88 billion barely beat analyst estimates of $1.87. Investors were hoping that Marvell Technology, Inc. (NASDAQ:MRVL) would benefit more from AI demand, particularly as China’s DeepSeek demonstrated that higher-powered GPUs might not be necessary for AI training. Here is what Cramer said:

“Look I think that it was terrific that Marvell got the Amazon contract. But I think people are going to say the reason why we sold it was it turned out that Broadcom got a huge new customer list. This is Softbank, Arm. If they’re really involved, it’s big. OpenAI. Apple. I would have thought maybe, look I think Marvell’s great. I think Matt Murphy’s very good, the CEO, he’s really competitive. . .But I would say that Hock Tan crushed him, by the way, Hock Tan, can I just say he put together this company out of, just piece after piece. And he’s got now the custom-made chip. That segment he owns.”