AI Investors Are Becoming Pickier, but Marvell and Broadcom Still Stand Out

EarningsAnalyst Impact 4
โดย Barchart·Read original
Summary · why it matters

Investors are becoming more selective in the artificial intelligence space, rewarding companies that turn surging demand into real revenue and profits, with Marvell Technology and Broadcom emerging as standout AI infrastructure winners. Marvell Technology, whose stock has surged 131% year-to-date, now expects second-quarter revenue of $2.7 billion, representing 35% year-over-year growth, and full-year revenue to grow 40% to nearly $11.5 billion, driven by a 27% jump in data center segment revenue to $1.8 billion. Broadcom reported total revenue of $22.2 billion in its fiscal second quarter, up 48% year-over-year, with AI semiconductor revenue soaring 143% to $10.8 billion, and it has signed long-term agreements with Google, Meta Platforms, Anthropic, and OpenAI, including a 10-gigawatt deal through 2029. Analysts project Marvell's earnings per share to grow 42% in fiscal 2027 and 67% in fiscal 2028, while Broadcom expects third-quarter AI semiconductor revenue to climb 200% year-over-year to $16 billion and total revenue to increase 84% to $29.4 billion. Wall Street rates both stocks as Strong Buys, with average price targets implying upside of 23% for Marvell and 31% for Broadcom.

Impact on stocks 5

Artificial Intelligence▲ · 5 stocks
Broadcom Inc
AVGO
▲ PositiveDemandrelevance

AI semiconductor revenue surged 143% to $10.8B, with long-term agreements with major AI companies including a 10-gigawatt deal through 2029.

Marvell Technology Group Ltd
MRVL
▲ PositiveDemandrelevance

Data center segment revenue jumped 27% to $1.8B, driving Q2 revenue guidance of $2.7B and full-year revenue growth to nearly $11.5B.

Theme Impact 5

Off-coverage companies 2

AnthropicPrivate± Mixed
relevance

OpenAIPrivate± Mixed
relevance

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