Marvell: AI Slowdown? Why I See the Pullback as an Opportunity

I see the recent pullback in Marvell (i) more as an opportunity. The market is reacting to the call from Anthropic CEO Dario Amodei to potentially slow down the development of ever more powerful frontier models. However, I find the conclusion "less frontier training = less Marvell growth" too simplistic, especially since the hyperscalers are not signaling any Capex slowdown. From my perspective, Marvell is excellently positioned for the next phase of the AI boom: inference, custom silicon, and increasingly more connectivity. The best example is...