Marvell Technology Group (MRVL)

Still owns it. Be careful which tech stocks you own now--some are slumping, some not. Marvell has $10 of earnings power by 2027. NVDA invested in them. Their optical business is poised to grow 50% the next few years. Their custom ASIC business-- they have an 80% market share with Broadcom--is expected to grow from 20% to 100% share. Is up 218% this year and trades at 27x, not cheap, but it is growing.

They had a great quarter and raised guidance. They join the S&P today. Optical is growing 50%. Stock is up 242% over 3 months, so trim. They are right in the sweet spot.

Jensen Huang blessed it. They have a strong relationship with Alphabet, Amazon and Microsoft. It's in the sweet spot. Don't chase it here. If you own, ride it with a stop and understand that when it ends you won't collect the entire appreciation.

They report later today. Is up 135% this year.They have strong relationships trading in semis with Amazon and Microsoft's Azure. Options implies a 12% move. There will be speculation in Marvell. The spotlight is on these chips names.

AVGO is like the smaller cousin of NVDA. Built GOOG's AI program, increasingly making waves with Anthropic (owns Claude). Interesting, but not a shoot-the-lights-out opportunity. He'd buy.

MRVL is trying to take a share of the chips that go into GOOG, and is already involved with AMZN cloud. Be careful. It's not a given that it's a capable designer of cutting-edge chips. Coin flip. We've been fooled before.

NVDA is actually more interesting than both.

 They report Thursday. The street expects big things due to MRVL's partnerships with many hyperscalers, especial AWS, which is selling out of its chips. Strong demand for its chips. Great CEO. Buy ahead of earnings.

Likes it, but there's a lot of takeover fluff. Wait until that fluff is gone first. Can't recommend this stock which is up $6.

Nice work! Has cornered the market on trading on the edge. Company was early in this area and so it has an edge, though that probably won't last forever. His 12-month price target is $102, higher than the average analyst. Almost fully priced. Still has good runway going into 2026, maybe into 2027, before someone can catch up.

Hardware. Exceptionally good at edge computing. Pretty close to price target of $75. He took profit yesterday, and bought FIG, SLR, OKLO, and some of the Mag 7.

The guidance disappointed, and he believes in the CEO, but prefers Nvidia.

It hasn't recovered, unlike the bigger semis companies like NVDA. Not his favourite in this space. KLIC is much better, and both are the same trade.

System-on-a-chip architecture is very attractive to Edge AI. Memory business makes it a bit of a cyclical stock. 12-month price target of $90.50. The tech arena may not be frothy, but it isn't cheap, and this one is good value.

Doesn't own because of the cyclical industry. If you get the timing right, can do very well. He likes companies with an economic moat such as TSM, and he's considering ASML.