10 Best 5G Stocks to Invest in According to Analysts

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

Analyst Upside: 29.04%

Number of Hedge Fund Holders: 73

Marvell Technology, Inc. (NASDAQ:MRVL) is on our list of the 10 best 5G stocks to invest in according to analysts. On June 11, Marvell Technology, Inc. (NASDAQ:MRVL) unveiled its unique Ultra Accelerator Link (UALink) scale-up solution, which is intended to improve the interconnectivity of AI accelerators and switches. The company claims that in a single deployment, the customized UALink solution allows scale-up interconnects for hundreds or thousands of AI accelerators.

The announcement comes as growing AI infrastructure while preserving performance becomes a bigger challenge for hyperscalers. Marvell claims that by using an open-standards-based approach that permits direct, low-latency communication between accelerators, its proprietary UALink product solves these issues.

Forrest Norrod, an AMD executive, also endorsed the development, stating:

“We are excited to see UALink custom solutions from Marvell, which are essential to the future of AI.”

Marvell Technology, Inc. (NASDAQ:MRVL) has made a name for itself as a leader in the creation of data processing units (DPUs). In 2021, Marvell Technology, Inc. (NASDAQ:MRVL) made major acquisitions, including Inphi and Innovium, in an attempt to increase its global footprint in important industries including 5G, cloud computing, and other business solutions.

While we acknowledge the potential of MRVL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MRVL and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.

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