Marvell Technology (MRVL) Stock Gains 10% as Microsoft AI Chip Potential Sparks Interest

Marvell Technology, Inc. (NASDAQ:MRVL) is one of the top stocks sold by hedge funds. On July 30, MRVL stock rose 10% following Fubon Research’s emphasis on the company’s strong revenue potential tied to Microsoft’s AI chip developments.

Fubon Research says Microsoft has upgraded the Maia300 chip, which Marvell is working on, from 3nm with HBM3E to a newer 2nm design with HBM4. This change has pushed production from early 2026 to late 2026, but analysts still see it as a big opportunity for Marvell.

The Maia300 chip is set to start production in late 2026 with about 300,000 to 400,000 units, increasing to 1.2 to 1.5 million units in 2027. At an average price of $8,000 per chip, Fubon expects the project could bring in around $2.4 billion in 2026 and $10 to $12 billion in 2027.

Analysts noted that Microsoft seems to have more confidence in Marvell’s Maia300 than in its own Maia200 chip. This change comes as Microsoft is reportedly struggling with its in-house chip design, and Fubon believes the company will likely rely more on Marvell for its current chips. The research also pointed out that Microsoft has increased the 2026 production of its Maia200 chip from 40,000-60,000 units to 150,000-200,000 units to make up for the delayed launch of the Maia300.

Fubon’s report added that Microsoft might charge more than Amazon Web Services (AWS), as the Maia300 has an average price of $8,000, much higher than AWS Trainium 2’s $1,500, even though both have similar margins of 55-60%.

Marvell Technology, Inc. (NASDAQ:MRVL) delivers comprehensive semiconductor solutions across the data infrastructure spectrum, with a portfolio including system-on-a-chip architectures, Ethernet solutions, storage controllers, interconnect products, and different host system interfaces.

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