Gain detailed insights into the trading activity of Congress members for Marvell Tech on our government trades page. Stay updated on how elected officials are investing in MRVL.

Marvell Tech - Government Trades

Marvell Tech

Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.

Marvell Technology

Marvell Technology Group

Semiconductor.Shutterstock

Analyst Color

Long Ideas

Analyst Ratings

Tech

Trading Ideas

ALAB

AVGO

INTC

MRVL

NVDA

The JPMorgan survey paints a bullish picture for semiconductor stocks tied to AI and accelerated compute technologies.

AI Boom Boosts Nvidia, AMD, Broadcom: JPMorgan Survey Forecasts Robust Future For Semiconductors

marvell technology shutter

News

Marvell introduces 1.6 Tbps AEC DSP to meet AI&#39;s bandwidth demands. Market expected to grow at 64% annually, valued at $1B by 2028. MRVL shares up 1.24%.

Marvell&#39;s New Digital Signal Processor Technology Enhances AI Data Centers

Stocks Photo by Phongphan on Shutterstock

Insider Trades

Pre-Market Outlook

Markets

TTSH

Over $2M Bet On This Tech Stock? Check Out These 3 Stocks Insiders Are Buying

Artificial Intelligence Photo by PopTika on Shutterstock

Equities

AAPL

GOOG

GOOGL

MSFT

ORCL

Piper Sandler analyst says enterprise adoption of GenAI is rapidly increasing, with Microsoft and Nvidia leading in strategic AI vendors. Apple devices expected to grow in proportion.

Nvidia Dominates GPU Market as Generative AI Adoption Grows, Analyst Says

Businessman.Markets.Shutterstock

Large Cap

Macro Notification

Mid Cap

Sector ETFs

Broad U.S. Equity ETFs

Commodities

Small Cap

Movers

ETFs

$BTC

ALNY

CLSK

COIN

SPDR Dow Jones Industrial Average ETF Trust

MARA

MCHP

QCOM

SMCI

Wall Street faces a continuation of last week’s trend during Monday’s morning trading, with semiconductor stocks selling off heavily and dragging down the tech sector, while the broader market remains largely unaffected.

Semiconductor, Nvidia Woes Deepen; Nasdaq 100 Slips, Dow Rallies; Bitcoin Sinks To $60,400: What&#39;s Driving Markets Monday?

Creative,Artificial,Intelligence,Symbol,Hologram,On,Chinese,Flag,And,Blue

Asia

Global

In a bid to secure a stable supply of high-end chips amid U.S.-China tensions, Chinese tech giant and TikTok&#39;s owner  ByteDance is reportedly collaborating with U.S. chip designer Broadcom to develop an advanced AI processor.

TikTok-Parent ByteDance Collaborates With Broadcom To Develop Advanced AI Chip Amid US-China Tensions: Report

Earnings

One stock that might be an intriguing choice for investors right now is Marvell Technology, Inc. (NASDAQ: MRVL). This is because this security in the Technology Services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. 


Why You Shouldn&#39;t Bet Against Marvell Stock

STEVE

Steve Cohen&#39;s Point72 Asset Management is set to launch a new hedge fund with a focus on artificial intelligence, aiming to raise approximately $1 billion.

Steve Cohen&#39;s Point72 Is Preparing To Launch New Hedge Fund Focused On AI Stocks

Broadcom, Shutterstock

CSCO

Broadcom Inc. (NASDAQ: AVGO) shares are trading higher Monday afternoon. The significant rise follows the company&#39;s impressive second-quarter financial results, robust revenue guidance and the announcement of a 10-for-1 forward stock split.

Broadcom Shares Are Surging: What You Need To Know

broadcom shutter2

AMZN

BABA

ALIBABA GROUP HOLDING LTD by Alibaba Group Holding Limited

BABAF

TCEHY

Broadcom dominates the datacenter and AI Ethernet switching market with 80% market share, driven by relentless innovation and cutting-edge

Broadcom&#39;s Cutting-Edge AI Networking Technology Leaves Nvidia, Marvell, Cisco Behind: JPMorgan

Marvell Technology Inc

<p>Financial giants have made a conspicuous bullish move on Marvell Tech. Our analysis of options history for Marvell Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) revealed 22 unusual trades.</p>
<p>Delving into the details, we found 59% of traders were bullish, while 36% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $195,475, and 17 were calls, valued at $1,746,634.</p>
<h3>Projected Price Targets</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $57.5 and $110.0 for Marvell Tech, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Marvell Tech's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Marvell Tech's whale trades within a strike price range from $57.5 to $110.0 in the last 30 days. </p>
<h3>Marvell Tech Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1719603998_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$4.1</td>
<td>$4.05</td>
<td>$4.1</td>
<td>$110.00</td>
<td>$184.9K</td>
<td>1.2K</td>
<td>156</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$2.02</td>
<td>$1.98</td>
<td>$2.0</td>
<td>$72.50</td>
<td>$180.2K</td>
<td>8.3K</td>
<td>199</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$4.15</td>
<td>$4.05</td>
<td>$4.1</td>
<td>$110.00</td>
<td>$164.8K</td>
<td>1.2K</td>
<td>156</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$2.45</td>
<td>$2.42</td>
<td>$2.45</td>
<td>$75.00</td>
<td>$153.4K</td>
<td>6.4K</td>
<td>2.5K</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$2.66</td>
<td>$2.63</td>
<td>$2.65</td>
<td>$75.00</td>
<td>$132.2K</td>
<td>6.4K</td>
<td>5.7K</td>
</tr>
</tbody>
</table>
</p>
<h3>About Marvell Tech</h3>
<p>Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.</p>
<h3>Present Market Standing of Marvell Tech</h3>
<ul>
<li>Currently trading with a volume of 5,604,702, the MRVL's price is up by 1.37%, now at $69.67. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 55 days.</li>
</ul>
<h3>What The Experts Say On Marvell Tech</h3>
<p>Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $90.6.</p>
<ul>
<li>Reflecting concerns, an analyst from Needham lowers its rating to Buy with a new price target of $95.</li>
<li>Maintaining their stance, an analyst from B. Riley Securities continues to hold a Buy rating for Marvell Tech, targeting a price of $100. </li>
<li>Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Marvell Tech with a target price of $91. </li>
<li>Consistent in their evaluation, an analyst from Morgan Stanley keeps a Equal-Weight rating on Marvell Tech with a target price of $77. </li>
<li>An analyst from Oppenheimer downgraded its action to Outperform with a price target of $90. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Marvell Tech, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Options

A Closer Look at Marvell Tech's Options Market Dynamics

<p>A recent survey from JPMorgan reveals a clear trajectory towards increased investment in AI infrastructure, with expectations of significant revenue growth in the semiconductor sector <a href="https://www.benzinga.com/topic/semiconductors">over the next several years</a>.</p>
<p>Here&#8217;s how the 166 CIOs responded:</p>
<ul>
<li><strong>AI Infrastructure Investment Soars:</strong> Over 75% of surveyed CIOs plan to allocate more than 5% of their IT budgets to AI compute hardware within three years, up from approximately 25% currently. This signals a projected 45% compound annual growth rate (CAGR) in AI-related spending, outpacing previous forecasts.</li>
<li><strong>Cloud Capex Expansion:</strong> Cloud spending is set to rise to 35% of IT budgets in five years, up from 20% presently, indicating a robust 12-16% CAGR. This growth supports sustained infrastructure investments by cloud service providers, bolstering demand for semiconductor solutions.</li>
<li><strong>Beneficiaries of AI Boom:</strong> Leading semiconductor firms including <strong>Nvidia Corp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), <strong>Advanced Micro Devices Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), <strong>Broadcom Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), <strong>Marvell Technologies Inc</strong> (MRVL) and <strong>Arm Holdings </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) are poised to capitalize on this surge in AI spending. These companies are expected to see continued revenue growth as AI adoption expands beyond foundational model training to broader commercial applications.</li>
<li><strong>NVDA and Peers Set to Gain:</strong> Nvidia, a frontrunner in AI compute, stands to benefit significantly from enterprise AI spending, supported by robust demand from cloud service providers. AMD, Broadcom, Marvell and Arm also stand out as key beneficiaries, reinforcing their positions in the AI semiconductor market.</li>
<li><strong>Networking Products Demand Surge:</strong> Broadcom, Marvell and <strong>Astera Labs Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>) are expected to see increased demand for high-performance networking products. This includes advanced chipsets such as Astera&#8217;s Gen5/Gen6 retimer chipsets and Marvell&#8217;s 800G/1.6T PAM4 DSP optical chipsets, essential for AI and accelerated compute deployments.</li>
<li><strong>Cloud Service Provider Growth:</strong> The healthy growth outlook for cloud workloads bodes well for <strong>Intel Corp </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), AMD, Arm, <strong>Micron Technology Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) and <strong>Western Digital Corp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>), supporting strong CPU shipments and robust demand for memory and storage solutions.</li>
</ul>
<p>The JPMorgan survey paints a bullish picture for semiconductor stocks tied to AI and accelerated compute technologies. </p>
<p>With strong indications of sustained spending and infrastructure build-outs by enterprise customers and cloud service providers, the semiconductor sector, particularly leaders in AI compute, looks poised for significant growth ahead.</p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/government/24/06/39546561/whats-going-on-with-taiwan-semi-stock-on-friday">What&#8217;s Going On With Taiwan Semi Stock On Friday?</a></strong></li>
</ul>


<p><strong>Marvell Technology, Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), specializing in data infrastructure semiconductor solutions, has introduced the Marvell Alaska A 1.6T PAM4 digital signal process for <a href="https://www.benzinga.com/pressreleases/24/06/n39524398/marvell-extends-connectivity-leadership-with-industrys-first-1-6t-pam4-dsp-for-active-electrical-c" target="_blank" rel="noreferrer noopener">active electrical cables</a>. </p>
<p>Marvell&#8217;s device is the first 1.6 Tbps AEC DSP designed to meet the growing bandwidth demands driven by artificial intelligence (AI) and machine learning applications.</p>
<p><strong>Also Read: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39463584/nvidia-dominates-gpu-market-as-generative-ai-adoption-grows-analyst-says" target="_blank" rel="noreferrer noopener">Nvidia Dominates GPU Market as Generative AI Adoption Grows, Analyst Says</a></strong></p>
<p>The latest addition to the Alaska A family is built on a 5nm process and utilizes Marvell&#8217;s PAM4 DSP technology to enable short-reach copper interconnect solutions for accelerated infrastructure.</p>
<p>According to 650 Group, the AEC silicon market is expected to grow at 64% annually, reaching $1 billion by 2028. </p>
<p><strong>Alan Weckel</strong>, co-founder of <strong>650 Group</strong>, noted, &#8220;AI is driving the need for short-reach copper connectivity at 1.6T. Marvell&#8217;s introduction of its Alaska 1.6T AEC DSP continues the company&#8217;s history of delivering top-tier PAM DSPs, enabling cable vendors to offer optimized interconnect solutions for different cloud AI architectures.&#8221;</p>
<p><figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/27094918/newplot-40.png" alt="" class="wp-image-408870" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/27094918/newplot-40.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/27094918/newplot-40-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure></p>
<p>Analysts noted that <strong>Broadcom Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) and Marvell lead the surging $20 billion—$30 billion custom chip (ASIC)&nbsp;market, which is driven by <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39157489/broadcom-marvell-capitalize-on-generative-ai-demand-with-custom-asic-solutions" target="_blank" rel="noreferrer noopener">the generative AI frenzy</a>.</p>
<p><strong>Price Action:</strong> MRVL shares traded higher by 1.24% at $69.10 at the last check Thursday.</p>
<p><strong>Also Read:</strong> </p>
<ul>
<li><a href="https://www.benzinga.com/news/24/04/38498886/microsoft-meta-and-alphabet-ramp-up-ai-investments-spend-over-32b-in-q1" target="_blank" rel="noreferrer noopener"><strong>Microsoft, Meta, and Alphabet Ramp Up AI Investments, Spend Over $32B in Q1</strong></a></li>
</ul>
<p><strong><em>Disclaimer:</em></strong><em>&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.</em></p>


Marvell's New Digital Signal Processor Technology Enhances AI Data Centers

<p>OpenAI Annualized Revenue Approximately $1B From Model Access</p>
<p><a href="https://www.theinformation.com/articles/in-a-surprise-openai-is-selling-more-of-its-ai-models-than-microsoft-is" title="https://www.theinformation.com/articles/in-a-surprise-openai-is-selling-more-of-its-ai-models-than-microsoft-is">https://www.theinformation.com/articles/in-a-surprise-openai-is-selling-more-of-its-ai-models-than-microsoft-is</a></p>


'In a Surprise, OpenAI Is Selling More of Its AI Models Than Microsoft Is' - The Information

<p>Marvell Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) has outperformed the market over the past 5 years by 9.97% on an annualized basis producing an average annual return of 22.98%. Currently, Marvell Tech has a market capitalization of $59.09 billion. </p>
<p><strong>Buying $100 In MRVL:</strong> If an investor had bought $100 of MRVL stock 5 years ago, it would be worth <strong>$285.97</strong> today based on a price of $68.26 for MRVL at the time of writing.</p>
<h3>Marvell Tech's Performance Over Last 5 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1719347447_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


If You Invested $100 In This Stock 5 Years Ago, You Would Have $300 Today

<p>Although U.S. stocks closed mixed on Monday, there were a few notable insider trades.</p>
<p>When insiders purchase shares, it indicates their confidence in the company&#8217;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.</p>
<p>Below is a look at a few recent notable insider purchases. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga&#8217;s insider transactions</a> platform.</p>
<h3 class="wp-block-heading"><strong>Tile Shop</strong></h3>
<ul>
<li><strong>The Trade: Tile Shop Holdings, Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTSH#NASDAQ">TTSH</a>) 10% owner Pleasant Lake Onshore Feeder Fund LP <a href="https://www.benzinga.com/quote/TTSH/analyst-ratings">acquired a total of 174,700 shares</a> at an average price of $6.95. To acquire these shares, it cost around $1.2 million.</li>
<li><strong>What's Happening:</strong> On May 9, Tile Shop posted better-than-expected quarterly sales.</li>
<li><strong>What Tile Shop Does:</strong> Tile Shop Holdings Inc is a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States.</li>
</ul>
<h3 class="wp-block-heading"><strong>Marvell Technology</strong></h3>
<ul>
<li><strong>The Trade:</strong> <strong>Marvell Technology, Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) Director Daniel Durn acquired a total of 1,425 shares at &lt;/em&gt;&lt;/a&gt; an average price of $70.21. To acquire these shares, it cost around $100,049.</li>
<li><strong>What's Happening:</strong> On June 21, Marvell Technology announced a quarterly dividend of 6 cents per share.</li>
<li><strong>What Marvell Technology Does:</strong> Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share.</li>
</ul>
<h3 class="wp-block-heading"><strong>NextNav</strong></h3>
<ul>
<li><strong>The Trade:</strong> <strong>NextNav Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NN#NASDAQ">NN</a>) 10% owner Joseph D Samberg <a href="https://www.benzinga.com/sec/insider-trades/">bought a total of 315,200 shares</a> at an average price of $7.42. To acquire these shares, it cost around $2.35 million.</li>
<li><strong>What's Happening:</strong> On May 16, NextNav announced the appointment of Jonathan Marcus to Board of Directors.</li>
<li><strong>What NextNav Does:</strong> NextNav Inc provides GPS service. The company NextNav TerraPoiNT system keeps critical infrastructure resilient with reliable Position, Navigation and Timing services in the absence of GPS.</li>
</ul>
<p>Check This Out: <a href="https://www.benzinga.com/news/earnings/24/06/39471464/nasdaq-records-worst-session-since-april-with-nvidia-plunging-7-dow-jones-sees-modest-gains-amid-mi">Nasdaq Records Worst Session Since April With Nvidia Plunging 7%: Dow Jones Sees Modest Gains Amid Mixed Market Close</a></p>


<p><strong>Piper Sandler </strong>analyst Brent Bracelin said the breadth of enterprise adoption of generative AI has surprised him again. Nearly half of enterprises (49%) last year were testing Generative Artificial Intelligence. Today, nearly half of enterprises (48%) are implementing GenAI driven by the most popular departmental use cases across support and operations.</p>
<p>Majority (&gt;50%) still view <strong>Microsoft Corp </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and OpenAI as the most strategic AI vendors, while interest in&nbsp;&nbsp;<strong>Alphabet Inc </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google Cloud Platform, <strong>Meta Platforms Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), and <strong>Oracle Corp</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) ticked up.</p>
<p>Analyst Harsh Kumar noted GPU accelerators could be an over $400 billion opportunity by 2027E with sustained double-digit CAGR growth. In the GPU space, Kumar noted <strong>Nvidia Corp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) as the clear leader with over 70% of the total market with <strong>Advanced Micro Devices, Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) and <strong>Intel Corp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) competing for the rest of the market. In networking, <strong>Broadcom Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) continues to be the clear leader relative to <strong>Marvell Technology, Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) when it comes to enterprise adoption, as per Kumar.</p>
<p><figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/24122506/newplot-34.png" alt="" class="wp-image-402456" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/24122506/newplot-34.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/24122506/newplot-34-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure></p>
<p>Kumar noted that 58% of respondents who use <strong>Apple Inc </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) devices expect it to grow as a percentage of total devices (46% in December 2023, and 41% in July 2023), and 42% expect the proportion of Apple devices in their company will remain the same (42% in December 2023, 51% in July 2023).</p>
<p><em>Photo by PopTika on Shutterstock</em></p>


<p>Wall Street faces a continuation of last week&#8217;s trend during Monday&#8217;s morning trading, with semiconductor stocks selling off heavily and dragging down the tech sector, while the broader market remains largely unaffected.</p>
<p><strong>Nvidia Corp. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) fell over 4%, entering correction territory after dropping more than 14% from last week&#8217;s all-time highs. </p>
<p>SEC filings <a href="https://www.benzinga.com/quote/NVDA/insider-trades">on insider activity</a> reveal that Nvidia&#8217;s CEO<strong> Jen Huang</strong> sold more than $100 million worth of shares between June 13 and June 21, 2024, marking his first sale since December 2021.</p>
<p>The <strong>VanEck Semiconductor ETF </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NYSE">SMH</a>) fell over 2%, extending last week&#8217;s declines. </p>
<p>Alongside Nvidia, <strong>Marvell Technology Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) and <strong>Microchip Technology Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) were notable laggards, dropping 9.6% and 8.3%, respectively.</p>
<p>While the <strong>Nasdaq 100</strong> eyes its third consecutive negative session, other major indices posted gains: the <strong>S&amp;P 500</strong> rose 0.3%, the <strong>Russell 2000 </strong>gained 0.8%, and the <strong>Dow Jones Industrial Average</strong> rallied 0.9%, potentially marking its strongest session since late May.</p>
<p>Treasury yields remained steady, the U.S. dollar fell 0.3%, gold prices increased 0.4% and energy-related commodities saw gains, with crude and natural gas up approximately 1% and 2%, respectively.</p>
<p><strong>Bitcoin</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) fell over 4% to $60,400, heading for its seventh negative session in the last eight, as the broader cryptocurrency market&#8217;s momentum remains fragile.</p>
<h1 class="wp-block-heading"><strong>Monday&#8217;s Performance In Major US Indices, ETFs</strong></h1>
<p><figure class="wp-block-table is-style-stripes"><br />
<table>
<tbody>
<tr>
<td><strong>Major Indices</strong></td>
<td><strong>Price</strong></td>
<td><strong>1-day %chg</strong></td>
</tr>
<tr>
<td>Dow Jones</td>
<td>39,496.67</td>
<td>0.9%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,032.89</td>
<td>0.8%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,482.39</td>
<td>0.3%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,629.54</td>
<td>-0.4%</td>
</tr>
</tbody>
</table>
<p><figcaption class="wp-element-caption"><em>Updated at 12:39 p.m. ET</em></figcaption></p></figure></p>
<p><strong>According to&nbsp;<a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>&nbsp;data:</strong></p>
<ul>
<li>The&nbsp;<strong>SPDR S&amp;P 500 ETF Trust</strong>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;was 0.2% higher to $545.59.</li>
<li>The&nbsp;<strong>SPDR Dow Jones Industrial Average&nbsp;</strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;was 0.9% higher to $394.65.</li>
<li>The tech-heavy&nbsp;<strong>Invesco QQQ Trust</strong>&nbsp;(ARCA:&nbsp;<a href="https://www.benzinga.com/quote/qqq" target="_blank" rel="noreferrer noopener"></a><a href="https://www.benzinga.com/quote/qqq" target="_blank" rel="noreferrer noopener"></a>QQQ) was 0.6% lower to $477.21.</li>
<li>Sector-wise, the&nbsp;<strong>Energy</strong>&nbsp;<strong>Select Sector SPDR Fund</strong>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>)&nbsp;outperformed, up by 1.5%, while the&nbsp;<strong>Technology Select Sector SPDR Fund</strong>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) lagged, falling 1.6%.</li>
</ul>
<h1 class="wp-block-heading"><strong>Monday&#8217;s Stock Movers</strong></h1>
<ul>
<li>Energy giants<strong> ConocoPhillips</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COP#NYSE">COP</a>) and <strong>Exxon Mobil Corp. </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) rallied nearly 3% in reaction to energy commodity gains. </li>
<li><strong>Qualcomm Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) fell over 3%, extending last week&#8217;s declines initiated by reports that artificial intelligence laptops powered by its Snapdragon processor had trouble running certain applications.</li>
<li>Crypto-linked stocks such as <strong>Coinbase Global Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), <strong>CleanSpark Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>), and <strong>Marathon Digital Holdings Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) fell 7%, 6% and 4%, respectively. Bitcoin-tied <strong>Super Micro Computer Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) tumbled 7.8%. </li>
<li><strong>ResMed Inc</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMD#NYSE">RMD</a>) plummeted over 11%, after it received a downgrade from Buy to Neutral by Citigroup. </li>
<li><strong>Alnylam Pharmaceuticals Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALNY#NASDAQ">ALNY</a>) surged over 30% after its investigational therapy vutrisiran for treating ATTR amyloidosis with cardiomyopathy met both its primary and secondary endpoints in a late-stage study.</li>
</ul>
<p><em>Read Now:</em> <em><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39461418/us-bank-stress-tests-this-week-analyst-expects-improvement-8-stocks-3-etfs-to-watch">US Bank Stress Tests This Week, Analyst Expects Improvement: 8 Stocks, 3 ETFs To Watch</a></em></p>
<p><em>Photo: Shutterstock</em></p>


Semiconductor, Nvidia Woes Deepen; Nasdaq 100 Slips, Dow Rallies; Bitcoin Sinks To $60,400: What's Driving Markets Monday?

<p>Deep-pocketed investors have adopted a bearish approach towards Marvell Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MRVL usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Marvell Tech. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 22% leaning bullish and 55% bearish. Among these notable options, 2 are puts, totaling $59,285, and 7 are calls, amounting to $370,221.</p>
<h3>Predicted Price Range</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $65.0 and $90.0 for Marvell Tech, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Marvell Tech's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Marvell Tech's substantial trades, within a strike price spectrum from $65.0 to $90.0 over the preceding 30 days.</p>
<h3>Marvell Tech Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1719241313_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$7.0</td>
<td>$6.95</td>
<td>$6.95</td>
<td>$77.50</td>
<td>$89.6K</td>
<td>1.7K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$2.26</td>
<td>$2.22</td>
<td>$2.22</td>
<td>$72.50</td>
<td>$66.6K</td>
<td>8.0K</td>
<td style="text-align: right;">228</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$4.9</td>
<td>$4.8</td>
<td>$4.85</td>
<td>$70.00</td>
<td>$54.3K</td>
<td>2.0K</td>
<td style="text-align: right;">38</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$1.47</td>
<td>$1.43</td>
<td>$1.43</td>
<td>$90.00</td>
<td>$51.4K</td>
<td>6.2K</td>
<td style="text-align: right;">17</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$13.2</td>
<td>$13.1</td>
<td>$13.1</td>
<td>$65.00</td>
<td>$48.4K</td>
<td>2.4K</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
</p>
<h3>About Marvell Tech</h3>
<p>Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.</p>
<p>Following our analysis of the options activities associated with Marvell Tech, we pivot to a closer look at the company's own performance.</p>
<h3>Where Is Marvell Tech Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 2,682,772, the MRVL's price is down by -3.2%, now at $69.59. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 59 days.</li>
</ul>
<h3>Expert Opinions on Marvell Tech</h3>
<p>5 market experts have recently issued ratings for this stock, with a consensus target price of $93.2.</p>
<ul>
<li>An analyst from Evercore ISI Group has decided to maintain their Outperform rating on Marvell Tech, which currently sits at a price target of $91. </li>
<li>An analyst from Stifel has decided to maintain their Buy rating on Marvell Tech, which currently sits at a price target of $90. </li>
<li>Reflecting concerns, an analyst from Oppenheimer lowers its rating to Outperform with a new price target of $90.</li>
<li>Consistent in their evaluation, an analyst from B. Riley Securities keeps a Buy rating on Marvell Tech with a target price of $100. </li>
<li>Reflecting concerns, an analyst from Needham lowers its rating to Buy with a new price target of $95.</li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Marvell Tech with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Spotlight on Marvell Tech: Analyzing the Surge in Options Activity

WIIM

DELL

MPWR

PSTG

Shares of semiconductor and AI-related tech stocks are trading lower. The sector may be pulling back following its recent run.

<p>In a bid to secure a stable supply of high-end chips <a href="https://www.benzinga.com/news/24/06/39150998/xi-jinpings-china-wants-to-delete-america-after-nvidia-others-forced-to-curb-high-end-chip-exports-t">amid U.S.-China tensions</a>, <strong>TikTok-parent</strong> <strong>ByteDance</strong> is reportedly collaborating with U.S. chip designer <strong>Broadcom</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) to develop an advanced AI processor.</p>
<p><strong>What Happened</strong>: The chip in question is a 5-nanometer custom product known as an application-specific integrated chip (ASIC). It would be compliant with U.S. export restrictions, with the manufacturing outsourced to <strong>Taiwan Semiconductor</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), Reuters reported on Monday citing, two sources familiar with the matter.</p>
<p>Amid the export controls implemented by the U.S. in 2022, no public announcements have been made regarding chip development collaborations between Chinese and U.S. companies involving 5nm or more advanced technology.</p>
<p>This collaboration between ByteDance and Broadcom, an existing business partner, is expected to reduce procurement costs and ensure a stable supply of higher-end chips.</p>
<p>However, TSMC is not expected to commence manufacturing the new chip this year. While design work is reportedly well underway, the &#8220;tapeout,&#8221; which marks the end of the design phase and the beginning of manufacturing, has not yet commenced.</p>
<p>Securing AI chips is essential for ByteDance to enhance its algorithms. Besides TikTok and its Chinese counterpart <strong>Douyin</strong>, ByteDance manages several popular apps, including a ChatGPT-like chatbot service called <strong>Doubao</strong>, which boasts 26 million users.</p>
<p>ByteDance, Broadcom, and TSMC did not immediately respond to&nbsp;<a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga</a>'s request for comment.</p>
<p><em>See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39446399/donald-trump-vows-to-end-joe-bidens-war-on-crypto-shiba-inus-burn-rate-surges-trumpcoin-my?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Donald Trump Vows To End &#8216;Joe Biden&#8217;s War On Crypto,&#8217; Shiba Inu&#8217;s Burn Rate Surges, TrumpCoin Mystery And</a></em></p>
<p><strong>Why It Matters</strong>: Securing AI chips is essential for ByteDance to enhance its algorithms. Besides TikTok and its Chinese counterpart Douyin, ByteDance manages several popular apps, including a ChatGPT-like chatbot service called Doubao, which boasts 26 million users. To bolster its AI efforts, ByteDance has stockpiled Nvidia chips, according to a person familiar with the matter.</p>
<p>The collaboration between ByteDance and Broadcom comes in the <a href="https://www.benzinga.com/news/24/06/39150998/xi-jinpings-china-wants-to-delete-america-after-nvidia-others-forced-to-curb-high-end-chip-exports-t">middle of escalating tensions</a> between the U.S. and China, particularly in the tech and semiconductor sectors. The U.S. has imposed export controls on advanced semiconductors, aiming to restrict China&#8217;s access to cutting-edge technology.</p>
<p>Despite these challenges, Chinese companies have been making significant strides in the semiconductor industry. For instance, China&#8217;s leading chip manufacturer, <strong>SMIC</strong>, has been ramping up its <a href="https://www.benzinga.com/news/24/06/39150998/xi-jinpings-china-wants-to-delete-america-after-nvidia-others-forced-to-curb-high-end-chip-exports-t">chip production with domestic tools</a>, potentially counteracting U.S. export restrictions.</p>
<p>Meanwhile, Broadcom has been making <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39354599/broadcoms-cutting-edge-ai-networking-technology-leaves-nvidia-marvell-cisco-behind-">significant advancements in the AI</a> and networking technology sector, outpacing competitors like <strong>Nvidia Corp.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and <strong>Marvell Technology Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) in certain sectors, according to JPMorgan.</p>
<p><strong>Price Action</strong>: Broadcom Inc.&#8217;s stock closed at $1,658.63 on Friday, down 4.38% for the day. Year to date, Broadcom&#8217;s stock has seen significant growth, rising by 52.82%, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro.</a></p>
<p><em>Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39426224/dogecoin-killer-shiba-inus-burn-rate-soars-459-large-transactions-witness-a-twofold-jump?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">&#8216;Dogecoin Killer&#8217; Shiba Inu&#8217;s Burn Rate Soars 459%, Large Transactions Witness A Twofold Jump</a></em></p>
<p>Image Via Shutterstock </p>
<p>This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <u><a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a></u></p>


<p>One stock that might be an intriguing choice for investors right now is <strong>Marvell Technology, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mrvl#NASDAQ">MRVL</a>). This is because this security in the Technology Services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.&nbsp;<br />
This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Technology Services space as it currently has a Zacks Industry Rank of 66 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.&nbsp;<br />
Meanwhile, Marvell is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm&#39;s prospects in both the short and long term.</p>
<div class="chart_embed">
<h3>Marvell Technology, Inc. Price and Consensus</h3>
<p><img alt="Marvell Technology, Inc. Price and Consensus" src="https://staticx-tuner.zacks.com/images/charts/c6/1718967436.png" style="height:268px; width:574px" title="" /></p>
<p>Marvell Technology, Inc. price-consensus-chart | Marvell Technology, Inc. Quote</p>
</div>
<p>In fact, over the past month, current quarter estimates have risen from 28 cents per share to 29 cents per share, while current year estimates have risen from $1.36 per share to $1.39 per share. This has helped MRVL to earn a Zacks Rank #3 (Hold), which is also a favorable signal.<br />
So, if you are looking for a decent pick in a strong industry, consider Marvell. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.</p>
<p><a href="https://www.zacks.com/stock/news/2291275/why-you-shouldn-t-bet-against-marvell-mrvl-stock?cid=CS-BENZ-FT-tale_of_the_tape|industry_rank_and_rising_estimates-2291275">To read this article on Zacks.com click here.</a></p>


Why You Shouldn't Bet Against Marvell Stock

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>Marvell Tech</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with MRVL, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 16 uncommon options trades for Marvell Tech.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 50% bullish and 31%, bearish.</p>
<p>Out of all of the special options we uncovered, 3 are puts, for a total amount of $127,430, and 13 are calls, for a total amount of $1,246,386.</p>
<h3>Expected Price Movements</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $47.5 to $120.0 for Marvell Tech during the past quarter. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>In terms of liquidity and interest, the mean open interest for Marvell Tech options trades today is 2170.29 with a total volume of 1,546.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for Marvell Tech's big money trades within a strike price range of $47.5 to $120.0 over the last 30 days.</p>
<h3>Marvell Tech Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1718897527_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$1.5</td>
<td>$1.44</td>
<td>$1.5</td>
<td>$120.00</td>
<td>$600.0K</td>
<td>2.0K</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$4.8</td>
<td>$4.8</td>
<td>$4.8</td>
<td>$72.50</td>
<td>$144.0K</td>
<td>9.1K</td>
<td style="text-align: right;">178</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$20.85</td>
<td>$20.45</td>
<td>$20.65</td>
<td>$70.00</td>
<td>$88.7K</td>
<td>699</td>
<td style="text-align: right;">4</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$6.65</td>
<td>$5.6</td>
<td>$5.6</td>
<td>$69.00</td>
<td>$70.0K</td>
<td>1.4K</td>
<td style="text-align: right;">31</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/28/24</td>
<td>$2.99</td>
<td>$2.74</td>
<td>$2.97</td>
<td>$73.00</td>
<td>$59.4K</td>
<td>964</td>
<td style="text-align: right;">113</td>
</tr>
</tbody>
</table>
</p>
<h3>About Marvell Tech</h3>
<p>Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.</p>
<p>In light of the recent options history for Marvell Tech, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Marvell Tech's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 4,983,254, the MRVL's price is up by 2.42%, now at $74.91. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 63 days.</li>
</ul>
<h3>What Analysts Are Saying About Marvell Tech</h3>
<p>Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $89.4.</p>
<ul>
<li>An analyst from Needham downgraded its action to Buy with a price target of $95. </li>
<li>An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on Marvell Tech, which currently sits at a price target of $77. </li>
<li>Reflecting concerns, an analyst from Cantor Fitzgerald lowers its rating to Overweight with a new price target of $85.</li>
<li>Maintaining their stance, an analyst from B. Riley Securities continues to hold a Buy rating for Marvell Tech, targeting a price of $100. </li>
<li>In a cautious move, an analyst from Oppenheimer downgraded its rating to Outperform, setting a price target of $90. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Marvell Tech, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Behind the Scenes of Marvell Tech's Latest Options Trends

<p><strong>Steve Cohen's </strong>Point72 Asset Management is set to launch a new hedge fund with a focus on artificial intelligence, aiming to <a href="https://www.benzinga.com/topic/artificial-intelligence">raise approximately $1 billion.</a></p>
<p>The fund will concentrate on both investing in and betting against AI hardware and semiconductor companies globally, such as<strong> Nvidia</strong>, <strong>Broadcom</strong> and <strong>Marvell Technology</strong>, among others, which have been top performers this year alongside other leading AI and chip stocks.</p>
<h3 class="wp-block-heading"><strong>A New Frontier In AI Investment</strong></h3>
<p>The new hedge fund, managed by portfolio manager <strong>Eric Sanchez</strong>, is expected to commence operations either late this year or in early 2025. It will be financed by a mix of external investors, Point72 employees and contributions from Cohen himself. Unlike Point72's main market-neutral fund, this new vehicle will have a more flexible mandate, potentially holding longer-biased positions, <a href="https://www.bloomberg.com/news/articles/2024-06-18/steve-cohen-s-point72-readies-new-hedge-fund-targeting-ai-stocks?srnd=homepage-americas">Bloomberg reported.</a></p>
<h3 class="wp-block-heading"><strong>Cohen&#8217;s Vision For AI</strong></h3>
<p>Cohen has been an outspoken advocate of AI&#8217;s potential impact on various industries. In an April <a href="https://www.cnbc.com/2024/04/03/cnbc-transcript-new-york-mets-owner-point72-chairman-ceo-president-steve-cohen-speaks-with-cnbcs-andrew-ross-sorkin-on-squawk-box-today.html">interview with CNBC</a>, Cohen described AI as "transformational," comparing its potential to the tech boom of the 1990s. He emphasized that while the full effects of AI might take years to manifest, the technology has the power to revolutionize business operations and generate significant cost savings.</p>
<p>"There's going to be big winners and big losers," Cohen said, highlighting the unpredictable yet promising future of AI.</p>
<p>Point72 Asset Management, which had $33.9 billion under management as of April, is not new to AI-focused investments. In 2021, the firm launched Hyperscale, its first private equity fund aimed at modernizing companies through AI. Additionally, Point72 Ventures, founded in 2016, focuses on early-stage tech startups and is funded exclusively by Cohen.</p>
<p><em>Read Next: <a href="https://www.benzinga.com/news/24/06/39370205/michael-dell-says-generative-ai-tech-wave-sweeping-in-much-faster-than-early-internet-its-happening">Michael Dell Says Generative AI Tech Wave Sweeping In Much Faster Than Early Internet: &#8216;It&#8217;s Happening Maybe 10 Times Faster&#8217;</a></em></p>
<p><em>Photo Via Shutterstock.</em></p>


Steve Cohen's Point72 Is Preparing To Launch New Hedge Fund Focused On AI Stocks

<p><a href="https://www.theinformation.com/briefings/nvidias-hardware-plan-could-pressure-dell-and-other-ai-server-makers" title="https://www.theinformation.com/briefings/nvidias-hardware-plan-could-pressure-dell-and-other-ai-server-makers">https://www.theinformation.com/briefings/nvidias-hardware-plan-could-pressure-dell-and-other-ai-server-makers</a></p>


'Nvidia's Hardware Plan Could Pressure Dell and Other AI Server Makers' - The Information

<p><strong>Broadcom Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) shares are trading higher Monday afternoon. The significant rise follows the company&#8217;s  second-quarter financial results, robust revenue guidance and <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39354599/broadcoms-cutting-edge-ai-networking-technology-leaves-nvidia-marvell-cisco-behind-">the announcement of a 10-for-1 forward stock split.</a></p>
<p><strong>What To Know: </strong>In its second-quarter report, Broadcom exceeded expectations with earnings per share (EPS) of $10.96, compared to the estimated $10.84. Revenue also surpassed forecasts, coming in at $12.487 billion versus the expected $12.028 billion. </p>
<p>Adding to the positive sentiment, Broadcom announced a 10-for-1 forward stock split, making its shares more accessible to a broader range of investors. This move is expected to increase liquidity and potentially attract more retail investors.</p>
<p><strong>What Else: </strong>Broadcom&#8217;s continued dominance in the AI and datacenter networking market, highlighted by its innovative Tomahawk series, underscores its strong market position. The company&#8217;s advancements in AI networking technology place it ahead of competitors like <strong>Nvidia Corp.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), <strong>Marvell Technology Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>)&nbsp; and <strong>Cisco Systems Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), further solidifying its leadership in the industry.</p>
<p><em>Related Link: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39354599/broadcoms-cutting-edge-ai-networking-technology-leaves-nvidia-marvell-cisco-behind-">Broadcom&#8217;s Cutting-Edge AI Networking Technology Leaves Nvidia, Marvell, Cisco Behind: JPMorgan</a></em></p>
<p><strong>AVGO Price Action: </strong>Broadcom shares were up 5.20% at $1825.19 at the time of writing, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a></p>
<p><figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="520" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/17131532/AVGO-1-1024x520.png" alt="" class="wp-image-391885" style="width:663px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/17131532/AVGO-1-1024x520.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/17131532/AVGO-1-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/17131532/AVGO-1-768x390.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/17131532/AVGO-1.png 1084w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></p>
<p><em>Image: Shutterstock.</em></p>


<p><strong>Broadcom Inc.</strong> (NASDAQ) is not only holding its position in the datacenter and AI Ethernet switching market but is also making significant strides forward. With its stock currently trading at $1,735.04, Broadcom is expected to achieve notable gains, targeting a price of $2,000 by December, <a href="https://www.benzinga.com/quote/AVGO/analyst-ratings">according to JPMorgan.</a></p>
<h2 class="wp-block-heading">Dominating With 80% Market Share</h2>
<p>According to analyst Harlan Sur of JPMorgan, Broadcom holds a commanding 80% market share in the $5-7 billion datacenter/AI Ethernet switching and routing chipset market. This dominance is largely due to its relentless innovation. Sur highlights the company's flagship Tomahawk series, which has consistently doubled performance every two years. The team continues to drive &#8220;a 2x Moore's Law like performance boost with its Tomahawk switching chipset,&#8221; said Sur.</p>
<p>Broadcom's lead is not just about performance. Sur points out that the company is ahead of competitors like <strong>Nvidia Corp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), <strong>Marvell Technology Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) and <strong>Cisco Systems Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) in delivering cutting-edge networking silicon. &#8220;We believe 9-12 months ahead of NVIDIA and 12monthts+ ahead of Marvell and Cisco,&#8221; the analyst said.</p>
<p>This lead is fortified by Broadcom's robust R&amp;D scale and intellectual property, creating significant barriers to entry for competitors.</p>
<p><em>Also Read: <a href="https://www.benzinga.com/news/24/06/39348307/apple-and-broadcom-were-among-10-large-cap-stocks-with-biggest-gains-in-the-last-week-june-9-june-15">Apple And Broadcom Were Among 10 Large Cap Stocks With Biggest Gains In The Last Week (June 9-June 15, 2024): Are They In Your Portfolio?</a></em></p>
<h2 class="wp-block-heading">Next-Gen Marvel: Tomahawk 6</h2>
<p>Sur notes that Broadcom will ship initial Tomahawk 6 chipsets in the second half of 2024, with full production ramping in 2025 and 2026. This 3nm chipset boasts a staggering 102.4Tbps switching throughput and 1.6Tbps optical connectivity. </p>
<p>Such capabilities are critical for supporting the next generation of AI clusters, which include major players like <strong>Alphabet Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), <strong>Amazon.com Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), <strong>Meta Platforms Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), <strong>Alibaba Group Holding Limited</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABAF#NYSE">BABAF</a>), <strong>Oracle Corp </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), <strong>ByteDance</strong>, and <strong>Tencent Holdings Ltd </strong>(OTCPK:TCEHY).</p>
<p>Sur expects Broadcom's AI networking silicon revenues to triple to over $3 billion in 2024, with a 50% growth projection for 2025. The 800Gbps optical upgrade cycle currently underway, along with the upcoming 1.6Tbps cycle starting with the Tomahawk 6 ramp, drives this surge.</p>
<h2 class="wp-block-heading">&#8216;Two Steps Ahead Of Its Competitors&#8217;</h2>
<p>Broadcom's roadmap extends beyond the Tomahawk 6. Sur mentions that the company is already in the design phase of its 2nm Tomahawk 7, ensuring it remains &#8220;one/two steps ahead of its competitors.&#8221;</p>
<p>As the cloud and hyperscale datacenter market grows at a projected 20-30% CAGR, Broadcom is well-positioned to retain its market leadership.</p>
<p>Broadcom's relentless innovation and strategic foresight make it a standout in the rapidly evolving AI and datacenter networking landscape. Investors should take note of this powerhouse as it continues to shape the future of technology.</p>
<p><em>Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39344508/as-apple-nvidia-trade-near-all-time-highs-jim-cramer-tells-investors-to-cash-in-on-">As Apple, Nvidia Trade Near All-Time Highs, Jim Cramer Tells Investors To Cash In On AI Stocks: &#8216;Let&#8217;s Not Be Too Greedy&#8217;</a></em></p>
<p><em>Photo: Shutterstock</em></p>


Broadcom's Cutting-Edge AI Networking Technology Leaves Nvidia, Marvell, Cisco Behind: JPMorgan

<p><strong>Marvell Tech's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NYSE">MRVL</a>) short percent of float has risen 14.26% since its last report. The company recently reported that it has <strong>39.35 million shares sold short</strong>, which is 5.37% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 2.93 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>Marvell Tech Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1718371811_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for Marvell Tech has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.</p>
<h3>Comparing Marvell Tech's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Marvell Tech's peer group average for short interest as a percentage of float is 4.79%, which means the company has <strong>more</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


Short Sellers

Short Ideas

Peering Into Marvell Tech's Recent Short Interest

LSCC

NVTS

NXPI

RMBS

SLAB

UCTT

Shares of semiconductor, memory and chip-related stocks are trading higher. Softer-than-expected CPI figures have lifted socks on Wednesday while AI optimism continues to boost the sector.

<p>Deep-pocketed investors have adopted a bullish approach towards Marvell Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MRVL usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 14 extraordinary options activities for Marvell Tech. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 64% leaning bullish and 35% bearish. Among these notable options, 6 are puts, totaling $242,911, and 8 are calls, amounting to $801,362.</p>
<h3>What's The Price Target?</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $60.0 and $75.0 for Marvell Tech, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Development</h3>
<p>In today's trading context, the average open interest for options of Marvell Tech stands at 2191.09, with a total volume reaching 5,512.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Marvell Tech, situated within the strike price corridor from $60.0 to $75.0, throughout the last 30 days.</p>
<h3>Marvell Tech Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1718030745_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$9.05</td>
<td>$8.95</td>
<td>$8.95</td>
<td>$65.00</td>
<td>$192.4K</td>
<td>436</td>
<td>216</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$13.2</td>
<td>$13.1</td>
<td>$13.1</td>
<td>$62.50</td>
<td>$149.3K</td>
<td>157</td>
<td>115</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$2.56</td>
<td>$2.51</td>
<td>$2.53</td>
<td>$75.00</td>
<td>$126.5K</td>
<td>12.2K</td>
<td>821</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$2.5</td>
<td>$2.45</td>
<td>$2.5</td>
<td>$75.00</td>
<td>$124.7K</td>
<td>12.2K</td>
<td>1.9K</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$2.51</td>
<td>$2.46</td>
<td>$2.51</td>
<td>$75.00</td>
<td>$75.3K</td>
<td>12.2K</td>
<td>1.4K</td>
</tr>
</tbody>
</table>
</p>
<h3>About Marvell Tech</h3>
<p>Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.</p>
<h3>Marvell Tech's Current Market Status</h3>
<ul>
<li>Trading volume stands at 1,846,633, with MRVL's price up by 1.49%, positioned at $69.0.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 73 days.</li>
</ul>
<h3>Professional Analyst Ratings for Marvell Tech</h3>
<p>In the last month, 5 experts released ratings on this stock with an average target price of $87.6.</p>
<ul>
<li>An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on Marvell Tech, which currently sits at a price target of $77. </li>
<li>An analyst from Needham has revised its rating downward to Buy, adjusting the price target to $95. </li>
<li>An analyst from Jefferies has revised its rating downward to Buy, adjusting the price target to $85. </li>
<li>An analyst from Evercore ISI Group has decided to maintain their Outperform rating on Marvell Tech, which currently sits at a price target of $91. </li>
<li>An analyst from Stifel persists with their Buy rating on Marvell Tech, maintaining a target price of $90. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Marvell Tech with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Decoding Marvell Tech's Options Activity: What's the Big Picture?

Taiwan Semiconductor mulls price hikes for 3nm chips - report

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>If you&rsquo;re looking for <a href="https://investorplace.com/industries/communications/5g/">5G stocks</a> that could make patient investors rich, consider these overlooked hidden gems. These companies are either directly involved in developing and deploying 5G technology or are poised to benefit significantly from its widespread adoption.&nbsp;</p>



<p>As broader indices like the <strong>S&amp;P 500</strong> and the <strong>Nasdaq</strong> continue to rise, the valuations of these companies are set to follow, making them formidable investments. Moreover, investing in these stocks aligns with the growing trend toward smart cities, where technology improves the quality of life through efficient transportation, sustainable energy and smart infrastructure.</p>



<p>Here are three 5G stocks for investors to consider. These companies are at the forefront of urban development and technology, making them promising choices for those looking to capitalize on the future of innovation.</p>



<p>5G, along with renewables, is one of the last untapped supercycles on the horizon. These companies could then offer substantial capital appreciation potential for those who are willing to play the long game.</p>



<h2>Advanced Micro Devices (AMD)&nbsp;</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/12/amd1600-1-300x169.png" alt="Advanced Micro Devices, Inc. (AMD) logo in the building at CNE in Toronto. AMD is an American semiconductor company."><div>Source: JHVEPhoto / Shutterstock.com</div></div><p><strong>Advanced Micro Devices</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/amd-stock-quote/"><strong>AMD</strong></a>) has advanced processors and a strategic focus on 5G technologies, supporting its long-term growth potential.</p>



<p>The company&rsquo;s products, such as the <a href="https://ir.amd.com/">Ryzen Embedded processors</a> and Versal adaptive SoCs, are designed to meet the rigorous demands of 5G infrastructure. These technologies support the development of low-latency, high-efficiency systems essential for 5G networks.</p>



<p>In Q1 2024, AMD reported revenue of <a href="https://www.amd.com/en/newsroom/press-releases/2024-4-30-amd-reports-first-quarter-2024-financial-results.html">$5.5 billion</a>, a 2% increase year-over-year. The gross margin was 47%, while the operating income was $36 million. On a non-GAAP basis, AMD&rsquo;s gross margin was 52%, with operating income at $1.1 billion and net income at $1 billion.&nbsp;</p>



<p>Strong growth in the Data Center and Client segments, each growing over 80% year-over-year due to increased adoption of MI300 AI accelerators and Ryzen and EPYC processors, bolstered this performance.</p>



<h2>Verizon Communications (VZ)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/01/vz1600-300x169.png" alt="Verizon Retail Location. Verizon delivers wireless, high-capacity fiber optics and 5G communications. VZ stock"><div>Source: RAMAN SHAUNIA / Shutterstock.com</div></div><p><strong>Verizon Communications</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/vz-stock-quote/"><strong>VZ</strong></a>) is a leader in the 5G space, providing extensive coverage and high reliability. It offers solid dividend yields, making it a strong choice for income-focused investors&#8203;. VZ pays a dividend yield of 6.7%.</p>



<p>The company&rsquo;s 5G network supports high-speed connectivity and low-latency services, which are essential for various applications, including mobile broadband, IoT and enterprise solutions.&nbsp;</p>



<p>In the first quarter of 2024, Verizon <a href="https://www.verizon.com/about/news/verizon-begins-2024-strong-wireless-service-revenue-growth-solid-cash-flow-and-continued">reported total consolidated operating revenue</a> of $33 billion. This was a slight increase of 0.2% from the same period in 2023. Pricing actions and higher adoption of premium price plans drove this growth. This was despite a decrease in wireless equipment revenue that partially offset it. The company achieved a total wireless service revenue of $19.5 billion, up 3.3% year-over-year&#8203;.</p>



<p>Verizon has provided a positive outlook for 2024. The company expects total wireless service revenue to grow between 2.0% and 3.5% and adjusted EBITDA growth of 1% to 3%. Verizon&rsquo;s adjusted earnings per share (<span>EPS</span>) guidance ranges from $4.50 to $4.70&#8203;.</p>



<h2>Skyworks Solutions (SWKS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/09/swks-stock-1-300x169.jpg" alt="the Skyworks website is loading on a smartphone"><div>Source: madamF / Shutterstock.com</div></div><p><strong>Skyworks Solutions</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/swks-stock-quote/"><strong>SWKS</strong></a>) supplies critical analog semiconductors for 5G infrastructure, including components for 5G smartphones&#8203;.</p>



<p>Integral to the 5G ecosystem, Skyworks supplies critical RF components for high-speed, reliable wireless communication. The company&rsquo;s products are part of various 5G devices and infrastructure, from smartphones to base stations. Skyworks&rsquo; advanced RF solutions address the complex requirements of 5G networks.</p>



<p>In the <a href="https://investors.skyworksinc.com/news-releases/news-release-details/skyworks-reports-q2-fy24-results">second quarter of fiscal 2024</a>, Skyworks reported revenue of $1.046 billion, slightly surpassing its guidance. The EPS was $1.55, which also exceeded expectations. The company generated $300 million in operating cash flow. For the third quarter of fiscal 2024, Skyworks anticipates revenue between $900 million and $900 million, plus or minus 2%, and expects a gross margin between 45% and 47%. The projected EPS is around $1.21 at the midpoint of the revenue range.</p>



<p>Skyworks Solutions has received <a href="https://stockanalysis.com/stocks/swks/">positive reviews from analysts</a>, with a general consensus indicating a favorable outlook due to its strategic position in the 5G market and robust financial health.</p>



<h2>Marvell Technology (MRVL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/12/marvell_technologies_mrvl1600-300x169.jpg" alt="image of the marvell (MRVL) technologies office campus"><div>Source: Michael Vi / Shutterstock.com</div></div><p><strong>Marvell Technology </strong>(NASDAQ:<a href="https://investorplace.com/stock-quotes/mrvl-stock-quote/"><strong>MRVL</strong></a>) focuses on semiconductor solutions for 5G networks, positioning itself as a key supplier in the rapidly growing 5G market.</p>



<p>For the fiscal year 2024, Marvell <a href="https://investor.marvell.com/2024-03-07-Marvell-Technology,-Inc-Reports-Fourth-Quarter-and-Fiscal-Year-2024-Financial-Results">reported a net revenue</a> of $5.508 billion. The company experienced a GAAP net loss of $933.4 million, or $1.08 per diluted share. However, Marvell achieved a net income of $1.310 billion on a non-GAAP basis, or $1.51 per diluted share.&nbsp;</p>



<p>In the fourth quarter alone, Marvell generated revenue of $1.427 billion, driven by significant growth in the data center market, which saw a 38% sequential increase and a 54% year-over-year rise.</p>



<p>Looking ahead to the first quarter of fiscal 2025, Marvell expects continued growth in its data center revenue. Initial shipments of its cloud-optimized silicon programs for AI complemented its electro-optics franchise. The company forecasts a net revenue of approximately $1.150 billion, with a non-GAAP gross margin between 62% and 63%.</p>



<h2>Ericsson (ERIC)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/eric1600-300x169.jpg" alt="Ericsson (ERIC) logo on a smartphone screen."><div>Source: rafapress / Shutterstock.com</div></div><p><strong>Ericsson</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/eric-stock-quote/"><strong>ERIC</strong></a>) is at the forefront of global 5G infrastructure development, continuously innovating to maintain its competitive edge.</p>



<p>The company&rsquo;s technologies are critical for building high-performance, programmable networks necessary for digitalizing society. Ericsson&rsquo;s solutions support 5G applications, including network slicing, telecom AI and cloud RAN.</p>



<p>In the first quarter of 2024, <a href="https://www.ericsson.com/en/press-releases/2024/4/ericsson-reports-first-quarter-results-2024">Ericsson reported net sales</a> of 53.3 billion SEK, a 15% YOY decline. The gross margin improved to 42.5%, up from 38.6% in Q1 2023. The company achieved an EBITA margin of 9.6% and generated 3.7 billion SEK in free cash flow. Despite the sales decline, Ericsson strengthened its gross margin and operational efficiency.</p>



<p>Ericsson expects its Enterprise Wireless Solutions segment and the Global Communications Platform to drive growth. However, the company is cautious about the near-term market environment, which suggests a strong presence in 5G.</p>



<h2>Intel (INTC)</h2>



<a href="https://investorplace.com/wp-content/uploads/2024/03/intc.png"><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/03/intc-300x169.png" alt="Intel (INTC) - Quantum Computing Stocks to Buy"></a><p><strong>Intel</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/intc-stock-quote/"><strong>INTC</strong></a>) invests heavily in 5G technology. It aims to be a leading supplier of processors and other components crucial for 5G networks.</p>



<p>The company&rsquo;s emphasis on private 5G networks highlights its strategic focus on providing end-to-end solutions for enterprise customers. Intel&rsquo;s hardware and software portfolio, including its processors, supports various 5G applications.</p>



<p>In the first quarter of 2024, Intel <a href="https://www.intc.com/news-events/press-releases/detail/1692/intel-reports-first-quarter-2024-financial-results">reported revenue of $12.72 billion</a>, slightly below the consensus estimate of $12.76 billion. The company posted a GAAP net loss of $0.06 per share, missing analysts&rsquo; expectations of $0.03 loss per share. Despite these challenges, Intel generated significant revenue growth in its PC chip unit, which saw a 33% increase due to a rebound in PC sales.</p>



<p>Intel provided guidance for revenue between $12.5 billion and $13.5 billion for the second quarter of 2024. The company expects a GAAP gross margin of 40.2% and a non-GAAP gross margin of 43.5%.</p>



<h2>Cisco Systems (CSCO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/09/cisco-csco-1600-300x169.jpg" alt="the cisco (CSCO) logo on a wall"><div>Source: Valeriya Zankovych / Shutterstock.com</div></div><p><strong>Cisco Systems&rsquo;</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/csco-stock-quote/"><strong>CSCO</strong></a>) private 5G offerings for diverse industries and robust revenue growth make it a top contender in the 5G space. Cisco&rsquo;s private 5G networks support high-performance and reliable connectivity, crucial for enterprise operations&#8203;.</p>



<p>In the third quarter of fiscal 2024, <a href="https://investor.cisco.com/news/news-details/2024/CISCO-REPORTS-THIRD-QUARTER-EARNINGS/default.aspx">Cisco reported revenue of $12.7 billion</a>, a slight decrease from the previous year but above analysts&rsquo; expectations. The company posted a GAAP net income of $1.88 billion, or $0.46 per share, and a non-GAAP net income of $3.6 billion, or $0.88 per share. Strong demand for Cisco&rsquo;s networking, security and observability solutions drove this performance&#8203;.</p>



<p>Cisco raised its full-year revenue guidance to between $53.6 billion and $53.8 billion, reflecting confidence in its growth prospects despite a challenging economic environment. For the fourth quarter of fiscal 2024, the company expects revenue between $13.4 billion and $13.6 billion.</p>



<p><em>On the date of publication, Matthew Farley did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.</em></p>
<div><p>Matthew started writing coverage of the financial markets during the crypto boom of 2017 and was also a team member of several fintech startups. He then started writing about Australian and U.S. equities for various publications. His work has appeared in MarketBeat, FXStreet, Cryptoslate, Seeking Alpha, and the New Scientist magazine, among others.</p></div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT802110">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT766411">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget A.I. THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	
<p>The post <a href="https://investorplace.com/2024/06/rag-to-riches-7-5g-stocks-that-could-make-patient-investors-rich/">Rag to Riches: 7 5G Stocks That Could Make Patient Investors Rich</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

Rag to Riches: 7 5G Stocks That Could Make Patient Investors Rich

NATO-backed €1B fund invests to boost AI, robotics and space tech

MaxLinear Is Beaten Down For A Reason, But Still Worth Watching

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>The market is on an incredible bull run. Since the fall of 2022, growth and <a href="https://investorplace.com/industries/technology/">technology stocks</a> have been going virtually straight up.</p>



<p>And, fundamentally, there&rsquo;s a solid reason for that. We are seeing real breakthroughs in fields such as semiconductors and artificial intelligence right now. While it&rsquo;s still early in this new technology paradigm, it&rsquo;s already becoming apparent that fortunes are being made riding this wave.</p>



<p>That said, a growth stock boom isn&rsquo;t a good excuse to buy all technology companies indiscriminately. While many companies are enjoying strong fundamentals at the moment, other firms look more like tech pretenders than future champions. These three overrated stocks to sell have seen their valuations run far ahead of the underlying fair value of their respective businesses.</p>



<h2>Marvell Technology (MRVL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/12/marvell_technologies_mrvl1600-300x169.jpg" alt="image of the marvell (MRVL) technologies office campus"><div>Source: Michael Vi / Shutterstock.com</div></div><p><strong>Marvell Technology</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/mrvl-stock-quote/"><strong>MRVL</strong></a></span>) is a semiconductor company with a variety of chip operations. The company is most well-known for its System-on-a-Chip architectures along with Ethernet solutions, electro-optical products and custom application specific integrated circuits.</p>



<p>While Marvell is a broadly-diversified semiconductor company, its AI&nbsp;<a href="https://www.marvell.com/ai.html">product offerings</a>&nbsp;are driving the conversation right now. Marvell makes a point of highlighting its partnership with&nbsp;<strong>Nvidia</strong>&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/"><strong>NVDA</strong></a>) and its focus on delivering AI infrastructure for the AI Era.</p>



<p>MRVL stock has jumped from around $40 in early 2023 to more than $70 per share now on the expectations that these AI strategies will turn into profits.</p>



<p>So far, this simply hasn&rsquo;t happened. In fact, the company&rsquo;s recent <a href="https://seekingalpha.com/news/4111720-marvell-non-gaap-eps-of-0_24-in-line-revenue-of-1_16b-in-line">Q1 earnings report</a> was a fiasco. The company reported merely in-line results, whereas traders had been hoping that the AI buzz would turn into a big earnings beat. </p>



<p>Making matters worse, Marvell somehow reported a 12% year-over-year decline in revenues despite all the AI hype. At some point, Marvell&rsquo;s AI business may start to catch on with customers. But with the stock at 50 times forward earnings, investors are paying a high price for this possibility.</p>



<h2>Dell Technologies (DELL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/04/dell-stock-1-300x169.jpg" alt="A Dell (DELL) office in Santa Clara, California."><div>Source: Ken Wolter / Shutterstock.com</div></div><p><strong>Dell Technologies</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/dell-stock-quote/"><strong>DELL</strong></a></span>) used to be at the forefront of major trends in consumer electronics hardware. Traders rushed to own Dell shares back in the dot-com era thanks to the company&rsquo;s promise.</p>



<p>But that magic wore off many years ago. More recently, Dell has been a slower-moving consumer electronics and IT vendor. These sorts of companies generally earn low valuations. While a cash cow business has value, the lack of growth tends to limit excitement.</p>



<p>Traders have given DELL stock a fresh look over the past year, however. Shares are up more than 200% over the past 12 months. This comes thanks to Dell&rsquo;s push into selling AI-enabled servers and hardware.</p>



<p>There is rapid growth here, and Dell is seeing real momentum for the first time in a while. But there is a major red flag here. Profitability on server sales <a href="https://finance.yahoo.com/news/dell-falls-ai-server-sales-084419093.html">appears to be underwhelming</a>. Toni Sacconaghi, an analyst at Sanford Bernstein, in a cautious research piece noted that there are: &ldquo;concerns that AI servers are being sold at near-zero margins.&rdquo; Dell can sell plenty of AI-hardware, but it remains to be seen if it has a competitive moat to earn sizable profits on this business.</p>



<p>Sacconaghi isn&rsquo;t the only analyst with questions. Morningstar&rsquo;s William Kerwin sees more than&nbsp;<a href="https://www.morningstar.com/company-reports/1228067-strong-ai-server-sales-raise-our-valuation-for-dell-but-the-stock-remains-severely-overvalued?listing=0P0001FDGE">50% downside</a>&nbsp;for DELL stock, as he believes fair value is merely $65 per share.</p>



<h2>CrowdStrike (CRWD)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/crwd-1600-300x169.png" alt="CrowdStrike sign and logo at headquarters in Silicon Valley. CRWD stock."><div>Source: Michael Vi / Shutterstock</div></div><p><strong>CrowdStrike</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/crwd-stock-quote/"><strong>CRWD</strong></a></span>) is a leading cybersecurity company. It offers a cloud-based suite of solutions for protecting endpoints, workloads, user identity and data.</p>



<p>CrowdStrike has been an incredible growth story. It has increased its revenues from $481 million in fiscal year 2020 to $3.1 billion in fiscal year 2024. There&rsquo;s no disputing that track record of success, and its industry has considerable <a href="https://www.amwins.com/resources-insights/article/competitive-cyber-market-expected-to-continue">growth drivers</a> as well.</p>



<p>However, the company is only modestly profitable. Shares are trading at around 100 times estimated adjusted fiscal year 2025 earnings. Making matters worse, excluding those adjustments, the company is trading at a shocking <a href="https://seekingalpha.com/symbol/CRWD/valuation/metrics">725 times</a> GAAP trailing earnings.</p>



<p>If CrowdStrike could keep up its stratospheric revenue growth rate, maybe it could grow into this valuation within a reasonable timespan. However, as the company grows, its revenue growth rate is trailing off, with analysts seeing it drop to the mid-20s annually in fiscal year 2026. Rising competition within the industry threatens to further slow growth rates, pressure pricing and increase customer churn.</p>



<p><em>On the date of publication, Ian Bezek did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.</em></p>
<div><p>Ian Bezek has written more than 1,000 articles for InvestorPlace.com and Seeking Alpha. He also worked as a Junior Analyst for Kerrisdale Capital, a $300 million New York City-based hedge fund. You can reach him on Twitter at @irbezek.</p></div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT802110">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT766411">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget A.I. THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	
<p>The post <a href="https://investorplace.com/2024/06/hype-dreams-and-value-nightmares-waking-up-to-the-truth-about-3-overrated-stocks/">Hype Dreams and Value Nightmares: Waking Up to the Truth About 3 Overrated Stocks</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

Hype Dreams and Value Nightmares: Waking Up to the Truth About 3 Overrated Stocks

Understanding the semiconductor value chain and the companies involved in it is crucial for anyone interested in technology and its impact on the global economy and that is what this article does. Read on.

The 6 Segments Of The Semiconductor Value Chain Were Up 5%, On Average, W/E June 14th; Now Up 31% YTD

Understanding the semiconductor value chain and the companies involved in it is crucial for anyone interested in technology and its impact on the global economy.

The 6 Segments Of The Semiconductor Value Chain Now Up 31% YTD

Marvell declares $0.06 dividend

Nvidia's price target raised at Jefferies on more upside with beats accelerating

South Korea to start grants under $19B chip package from July - report

AMAT

ASML

CDNS

CRWD

ENTG

ERIC

IFNNY

KLAC

LRCX

RNECF

SNPS

SSNLF

SWKS

Press Releases

GM Recognizes Marvell With 2023 Overdrive Award For Its Automotive Ethernet Technology

Marvell Appoints Rick Wallace and Daniel Durn to its Board of Directors

Marvell Technology, Inc. Announces Conference Call to Review First Quarter of Fiscal Year 2025 Financial Results

Marvell Expands Connectivity Portfolio With New PCIe Retimer Product Line to Scale Compute Fabrics of Accelerated Infrastructure

Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2025 Financial Results

Global Artificial Intelligence (AI) Infrastructure Anticipated to Reach Around $420 Billion By 2033

Opinion

AI Revolution Sparks Turf War: Data Center Parts, Property, and Power in High Demand

Dividends

Marvell Technology, Inc. Declares Quarterly Dividend Payment

Marvell Extends Connectivity Leadership With Industry's First 1.6T PAM4 DSP for Active Electrical Cables

AVAI

SNOW

Analog Devices

Astera Labs

Advanced Micro Devices, Inc. - Common Stock

Advanced Micro Devices

Arm Holdings plc - American Depositary Shares

ARM Holdings

ASE Technology Holding Co., Ltd. American Depositary Shares (each representing Two Common Shares)


Thomas R. CarperSenate (D-DE)	$1K - $15K	Sale	May 01, 2023	Apr 17, 2023	Senate
Susie LeeHouse (D-NV)	$1K - $15K	Sale	Dec 29, 2022	Nov 30, 2022	House
Ron EstesHouse (R-KS)	$1K - $15K	Sale	Sep 30, 2022	Sep 27, 2022	House
Ron EstesHouse (R-KS)	$1K - $15K	Purchase	Mar 09, 2022	Feb 10, 2022	House
Bob GibbsHouse (R-OH)	$15K - $50K	Sale	Nov 21, 2021	Nov 15, 2021	House

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Government Trades

Marvell Technology Inc

top performing MRVL trades