🟢 MRVLD.BA is trading 0.0% up today on custom AI chip growth and analyst price target hikes

MRVLD.BA is trading at $21.99 (+0.00%) following renewed interest in Marvell’s custom AI chip pipeline and raised price targets from KeyBanc and UBS.

• Analysts highlighted more than 50 custom AI chip opportunities, with data center revenue now serving as the primary driver of sales.
• The move is fueled by company-specific AI optimism, standing out against mild weakness in the broader tech sector.