Marvell CEO: AI-related bookings remain exceptionally robust
Спикеры
Christina Parsons
— Reporter
Tim Seymour
— Seymour Asset Management, Fast Money Trader
Mike Santoli
— Старший рыночный комментатор
Melissa Lee
— Ведущий, Fast Money
Fast Money discusses Marvell Technology's post-earnings selloff despite strong AI data center guidance. The team debates high expectations and the Google deal ramp timing, while several participants see NVIDIA as the more attractive AI infrastructure play. Marvell's October 6 investor day is highlighted as a key upcoming catalyst.
- Marvell shares fell after hours despite raised revenue targets and strong AI/data center growth.
- The CEO guided to roughly $18 billion in next-year revenue and about 50% growth.
- Stock pressure was tied to Google deal revenue already being in numbers and a large year-to-date run-up.
- Tim Seymour said he would rather own NVIDIA than Marvell on valuation.
- Mike Santoli noted NVIDIA keeps beating and raising estimates.
- A Laura Martin data point was cited: one in four hyperscaler investment dollars goes to NVIDIA.
- Marvell's October 6 investor day was cited as the next big catalyst.
Идеи
Marvell AI data center growth accelerating.
Marvell's AI buildout is accelerating, not cooling off. CEO Matt Murphy raised the company's next-year revenue target to roughly $18 billion and about 50% growth. The data center is the engine, growing more than 60%, driven by optical parts connecting AI servers and custom chips expected to more than double.
Prefer NVIDIA over Marvell on valuation.
Marvell sits between chip makers and hyperscalers in hot networking/data center AI picks-and-shovels territory and guidance was fantastic, but the multiple is uncertain. He would rather own NVIDIA here at a much more attractive valuation.
Далее
This CNBC video, published August 27, 2026, features Christina Parsons, Tim Seymour discussing MRVL, NVDA. 2 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Christina Parsons, Tim Seymour · Tickers: MRVL, NVDA