10 Best Fast Growth Stocks to Buy According to Hedge Funds

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

Number of Hedge Fund Holdings: 79

EPS Growth Next 5 Years: 46.60%

Marvell Technology, Inc. (NASDAQ:MRVL) is one of the best fast growth stocks to buy according to hedge funds. On June 18, Bloomberg reported that Amazon is in active talks to sell its custom-made Trainium AI chips to third-party companies for use in their own data centers, a move that enlarges the addressable market for Marvell Technology, Inc. (NASDAQ:MRVL). Marvell is Amazon’s lead design and manufacturing partner for the Trainium platform.

Bloomberg cited Amazon’s AI chief Peter DeSantis who confirmed the talks at the VivaTech conference in Paris. However, said Bloomberg, DeSantis declined to name potential buyers. Bloomberg added that the AI chief framed the push partly around the growing demand for sovereign AI infrastructure, particularly in Europe, where regulations increasingly require that data and computing be processed and stored locally.

Bloomberg further noted that Amazon CEO Andy Jassy had foreshadowed the move in his April 2026 shareholder letter. The CEO estimated that if Amazon’s chip business operated as a standalone company selling to both AWS and third parties, it would be running at an annual rate of roughly $50 billion, said Bloomberg. It added that the $50 billion figure reframed Trainium not as an internal cost-saving tool but as a commercially scalable business.

Marvell Technology, Inc. (NASDAQ:MRVL) is a semiconductor company. It designs, develops, and sells data infrastructure solutions, including custom silicon, networking chips, storage accelerators, and connectivity products for cloud data centers, enterprise networking, automotive, and carrier infrastructure markets.