Here's How Marvell Technology (MRVL) Rebounded from Q1 Lows

Columbia Threadneedle Investments, an investment management company, released its “Columbia Seligman Global Technology Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The US equities strongly rebounded in the second quarter following a turbulent first quarter. The fund’s Institutional Class shares returned 19.52% in the quarter, compared to a 23.18% return for the MSCI World Information Technology Index-Net. In addition, you can check the fund’s top 5 holdings for its best picks for 2025.

In its second-quarter 2025 investor letter, Columbia Seligman Global Technology Fund highlighted stocks such as Marvell Technology, Inc. (NASDAQ:MRVL). Marvell Technology, Inc. (NASDAQ:MRVL) provides semiconductor solutions for data infrastructure. The one-month return of Marvell Technology, Inc. (NASDAQ:MRVL) was 8.52%, and its shares gained 14.10% of their value over the last 52 weeks. On September 25, 2025, Marvell Technology, Inc. (NASDAQ:MRVL) stock closed at $83.81 per share, with a market capitalization of $72.253 billion.

Columbia Seligman Global Technology Fund stated the following regarding Marvell Technology, Inc. (NASDAQ:MRVL) in its second quarter 2025 investor letter:

"The fund's overweight position in semiconductor company Marvell Technology, Inc. (NASDAQ:MRVL) also contributed positively to performance. Marvell Technology's stock price bounced back during the second quarter, following tariff uncertainty in the first three months of 2025. Marvell Technology increased its estimate for the custom AI chip total addressable market to $55 billion by 2028, up from a previous estimate of $43 billion."

Marvell Technology, Inc. (NASDAQ:MRVL) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 76 hedge fund portfolios held Marvell Technology, Inc. (NASDAQ:MRVL) at the end of the second quarter, which was 73 in the previous quarter. Marvell Technology, Inc. (NASDAQ:MRVL) reported record revenue of $2.006 billion in the fiscal second quarter of 2026, reflecting a 6% sequential increase and strong 58% year-over-year growth. While we acknowledge the potential of Marvell Technology, Inc. (NASDAQ: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.

In another article, we covered Marvell Technology, Inc. (NASDAQ:MRVL) and shared Brown Advisory Mid-Cap Growth Strategy's views on the company. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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