Cramer Backs Marvell Again As AI Deals With Amazon, Microsoft Fuel Stock Surge

Benzinga
2025.05.22 13:45
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Marvell Technology, Inc. received a positive endorsement from Jim Cramer, who recommended buying the stock again, citing its AI partnerships with Amazon and Microsoft. The stock has surged 19% in the past month, driven by strong quarterly results from major tech companies and a reduction in U.S.-China tariffs. Analysts predict Marvell could generate $4 billion in AI revenues by 2025, despite a recent 35% decline in stock value due to restructuring. Currently, MRVL stock is down 0.37% at $59.89 in premarket trading.