Top 12 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, focusing heavily on data centers. On February 11, Benchmark Co. analyst Cody Acree reiterated a “Buy” rating on the stock and set a price target of $135.00. Besides Benchmark, several other analyst firms such as Bank of America Securities and Barclays are bullish on the stock, citing it as a leading semiconductor stock of 2025.

Vivek Arya from Bofa believes that Marvell, together with Broadcom and Nvidia, are at the heart of AI’s Sputnik moment. This is because semiconductor advancements position the stock at the forefront of the AI revolution. DeepSeek’s emergence is also seen as a catalyst, with the analysts citing the advancement to be a stimulant for an even bigger wave of investment. Firm analysts believe that hyperscalers and semiconductor companies will reap the rewards of it.

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