Benchmark Reaffirms Buy as Nvidia Invests in Marvell (MRVL)

Marvell Technology, Inc. (NASDAQ:MRVL) is one of the must-buy US stocks to buy right now. On April 1, Benchmark reaffirmed its Buy rating on Marvell with a $130 price target after it announced an expanded partnership with Nvidia. Analyst Cody Acree emphasized that Marvell was already part of Nvidia’s NVLink Fusion ecosystem since its launch in May 2025, so the news reflects a deepening of collaboration rather than a new entry.

Benchmark Reaffirms Buy as Nvidia Invests in Marvell (MRVL)

Photo from Marvell website

The partnership strengthens Marvell’s role in custom XPUs, NVLink Fusion‑compatible networking, advanced optical interconnects, silicon photonics, and AI‑RAN for 5G/6G networks. Nvidia also disclosed a $2 billion investment in Marvell, underscoring the strategic importance of the relationship.

Benchmark noted it is not yet revising estimates for either company.

On March 31, 2026, Nvidia and Marvell formally announced the partnership, connecting Marvell to Nvidia’s AI factory and AI‑RAN ecosystem through NVLink Fusion.

Marvell Technology, Inc. (NASDAQ:MRVL) is a semiconductor company. It designs and develops integrated circuits and data infrastructure solutions. The company provides products such as application-specific integrated circuits, data processing units, Ethernet networking solutions, storage controllers, and optical interconnect technologies used in data centers, cloud computing, and telecommunications networks.

While we acknowledge the risk and potential of MRVL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MRVL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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