AMD stake and analyst upgrade boost Marvell shares

MSN
2026.05.14 09:03
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AMD has acquired a $6.5M stake in Marvell, now valued at approximately $10.8M, indicating potential collaboration. Bank of America has raised its price target for Marvell to $200, driven by growth in the AI networking market. Investors are looking forward to Marvell's earnings report on May 27, with expectations of double-digit revenue and EPS growth compared to last year.