Oppenheimer Touts Marvell Technology (MRVL) as Top Data Center Play amid AI Infrastructure Ramp

Marvell Technology, Inc. (NASDAQ:MRVL) is one of the top AI stocks with huge upside potential. On July 15, Oppenheimer reiterated that it is one of its top stock picks, well-positioned to deliver solid financial results driven by a ramp-up in AI infrastructure investments.

Oppenheimer expects Marvell Technology to benefit from hyperscalers scaling up data, artificial intelligence, and data centers at an unprecedented pace. Likewise, it expects the company to capitalize on the top four cloud providers, fueling demand for high-speed networking, custom accelerators, and GPUs.

The research firm believes Marvell Technology’s artificial intelligence chips are gaining traction as power and cooling demands continue to rise.

Marvell Technology, Inc. (NASDAQ:MRVL) is a semiconductor company that specializes in data center infrastructure solutions. It provides semiconductor solutions for data centers, enterprise networking, and carrier infrastructure. Its products include custom application-specific integrated circuits (ASICs), electro-optics, Ethernet solutions, fiber channel adapters, processors, and storage controllers.

While we acknowledge the potential of MRVL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.