Marvell Technology (MRVL) Rose Following Management's Reassurance on Data Center Revenue Growth

Brown Advisory, an investment management company, released its “Brown Advisory Large-Cap Growth Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The strategy returned -0.88% (net) during the third quarter, underperforming the benchmark, the Russell 1000 Growth Index. Even though the portfolio has significant exposure to AI, its underweight to the most speculative momentum-driven parts of the trade was a headwind to performance. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, Brown Advisory Large-Cap Growth Strategy 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 7.36%, and its shares lost 11.62% of their value over the last 52 weeks. On December 03, 2025, Marvell Technology, Inc. (NASDAQ:MRVL) stock closed at $100.20 per share, with a market capitalization of $86.392 billion.

Brown Advisory Large-Cap Growth Strategy stated the following regarding Marvell Technology, Inc. (NASDAQ:MRVL) in its third quarter 2025 investor letter:

"Marvell Technology, Inc. (NASDAQ:MRVL), a leading supplier of semiconductors used in data centers for data movement and processing, faced a sharp selloff early in the quarter due to concerns about losing content on Amazon’s next-generation program. However, the stock rebounded as management reassured investors about continued data center revenue growth. The company also announced a $1 billion accelerated share repurchase program, and investor sentiment improved on long-term growth prospects tied to new programs ramping in the second half of next year."

Marvell Technology, Inc. (NASDAQ:MRVL) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 77 hedge fund portfolios held Marvell Technology, Inc. (NASDAQ:MRVL) at the end of the third quarter, which was 76 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 the list of buzzing AI stocks on Wall Street. In addition, please check out our hedge fund investor letters Q3 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.