Marvell Technology Impresses at the Custom AI Investor Event - net Profit Could Rise to $8 per Share by 2028!
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Marvell Technology is uniquely positioned for the future of custom AI accelerators, raising its revenue opportunity to $94 billion by 2028. Market shares are expected to expand to 20% with a $75 billion pipeline by 2028, with orders from Amazon, Microsoft, and Meta. Co‑Packaged Optics combine optical and electronic components on the same carrier, providing advantages in space requirements, performance, and energy efficiency. Evercore ISI sets the price target at $133 (Outperform). BofA anticipates a net profit of $8 per share by calendar...
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