The article argues that Marvell Technology, which designs custom ASIC chips for hyperscalers, could outperform both Nvidia and AMD by 2030, and Nvidia CEO Jensen Huang has called Marvell a potential trillion-dollar company. Reuters reported that Marvell was in advanced talks to acquire Lumentum, which has an $84 billion market capitalization, and Marvell's stock fell more than 8% following the report. At its investor day, Marvell's management set a target of $70 billion to $90 billion in annual revenue by fiscal 2031, compared with $8.2 billion in fiscal 2026. The article illustrates that with adjusted EPS of about $30 and a P/E of 30, the stock could trade around $900 per share, implying a market capitalization of roughly $810 billion and about 309% upside from current prices.
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semiconductorsMarvellNvidiaAMD
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NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/28/2026 | 215.38 |
| Change that session | -1.17% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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