Marvell: AI Infrastructure Value Play Of The Year
Summary
MRVL's post-earnings selloff is a market overreaction, creating a rare value opportunity in AI infrastructure with a PEG...
MRVL's post-earnings selloff is a market overreaction, creating a rare value opportunity in AI infrastructure with a PEG of just 0.70. AI infrastructure is not a zero-sum game; Marvell can thrive alongside Broadcom as the market expands rapidly, especially in custom silicon and electro-optics. The company's custom silicon and electro-optics businesses are industry-leading, with strong growth, high margins, and multi-year revenue visibility.