J.P. Morgan Backs Marvell (MRVL) as Key AI Infrastructure Play

Marvell Technology, Inc. (NASDAQ:MRVL) is one of the must-buy semiconductor stocks to invest in. Marvell Technology, Inc. (NASDAQ:MRVL) is emerging as a standout semiconductor name heading into earnings season, buoyed by persistent demand for AI infrastructure and high-speed connectivity. J.P. Morgan analyst Harlan Sur reaffirmed an Overweight rating on the stock, placing it alongside NVIDIA Corporation (NASDAQ:NVDA) and Broadcom Inc. (NASDAQ:AVGO) as one of his top AI-related picks. Unlike many chipmakers tethered to consumer cycles, Marvell is deeply entrenched in the backbone of AI compute, particularly in optical connectivity, which has become critical for hyperscale data center operations.

J.P. Morgan Backs Marvell (MRVL) as Key AI Infrastructure Play

An assembly line in a semiconductor factory, with workers at their stations.

Sur noted that AI workloads are pushing the limits of current data infrastructure, creating sustained demand for faster networking and higher bandwidth. This environment plays directly into Marvell’s strengths, as the company provides key components for linking AI accelerators across massive compute clusters. The analyst emphasized that Marvell is well-positioned to weather macroeconomic headwinds, including potential trade or tariff disruptions, thanks to its role in essential data movement technology.

While Nvidia continues to dominate AI headlines, Marvell’s under-the-radar contributions to the AI buildout may offer an attractive opportunity for those seeking exposure to infrastructure-driven growth in the semiconductor space.

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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Disclosure: None.