10 AI Stocks on Latest News and Ratings

6. Marvell Technology, Inc. (NASDAQ:MRVL)

Number of Hedge Fund Holders: 70

Marvell Technology, Inc. (NASDAQ:MRVL) engages in the development and production of semiconductors, focusing heavily on data centers. On May 22, Melius Research revised its rating for the stock from Buy to “Hold” while maintaining the price target at $66. Moving to the sidelines, the firm mentioned in a research note how this call hasn’t worked out.

The firm expressed concerns about Marvell’s future performance, pointing out that there is a risk that shares stay range-bound or simply don’t perform well as compared to the bulk of its semis and hardware coverage for the rest of 2025-26. A slower ramp of Amazon’s Tranium means not much revenue upside in calendar 2025, while the case for upside in 2026-28 is blurred by Marvell’s roles in AWS’s Trainium 3 and 4 accelerators.