5 Most Promising Stocks Under $100 to Buy

3. Marvell Technology Inc. (NASDAQ:MRVL)

Marvell Technology Inc. (NASDAQ:MRVL)  is one of the most promising stocks under $100 to buy. On March 17, Marvell announced the launch of its next-gen Structera S 30260, a 260-lane CXL switch designed to enable rack-level memory pooling in AI data centers. By allowing data center operators to access disaggregated memory resources outside the individual server, the device aims to break through the memory wall that currently limits the performance of LLMs and complex AI clusters.

This new switch works alongside Marvell’s existing portfolio of accelerators and controllers to provide a scalable, composable resource that improves memory utilization without requiring the replacement of existing platforms. The introduction of the Structera S switch follows Marvell Technology Inc.’s (NASDAQ:MRVL) recent acquisition of XConn Technologies, integrating industry-leading switching solutions to facilitate sub-microsecond shared memory access.

This architectural shift is particularly critical for managing the exploding demand for memory capacity driven by increasing context windows and KV-cache requirements in AI inference. By enabling true memory pooling across CPUs, GPUs, and other accelerators, the technology reduces the total cost of ownership while eliminating data movement bottlenecks that typically hinder GPU utilization. The Structera S 30260 is expected to begin sampling to customers in Q3 2026, while the previous generation CXL 2.0 switch is already in production.

Marvell Technology Inc. (NASDAQ:MRVL) is an international tech company that offers data infrastructure semiconductor solutions, spanning the data center core to the network edge.