Marvell Technology, Inc.’s (MRVL) sank 12% after Q2 results showed slowing data center growth - up 69% YoY but just 3% QoQ vs 76% and 5% last quarter - fueling AI slowdown worries. Yet retail traders on Stocktwits turned "extremely bullish" (94/100), calling the chipmaker cheap vs Nvidia. Consensus target of $90.82 implies ~18% upside.
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06:19 pm on
29 Aug