#MRVL
MRVL has once again broken through 300 pre-market, and Marvell's rebound during this dip has been too strong; this kind of asset is definitely a key focus. It doesn't fall with the market and often rallies even harder after a market rebound.
Not long after Huang Renxun's call, on June 22, Marvell will be added to the S&P 500 index, and all we've seen lately are bullish signals.
I see no changes in his core logic, plus the expectations are really strong. As the AI cluster expands, the demand for optical interconnect will grow even quicker. The larger the Pod, the more MoE and reasoning models we have.
The data exchange between chips is becoming more intense, which means the network bandwidth and the value of optical links each chip needs will increase, so computing power could double, and the demand for optical interconnect might not just double.
This trend is already reflected in the management's guidance: Marvell's FY27 interconnect growth expectation has been raised from about +30% to +50%, and now it's up to over +70%.
At the same time, the company also stated that FY28 interconnect will still outpace cloud capex growth. Continuous upward revisions indicate that the demand for AI optical interconnect is stronger than the company's initial expectations.
It's all bullish, so I'm holding on for now.
MRVL has once again broken through 300 pre-market, and Marvell's rebound during this dip has been too strong; this kind of asset is definitely a key focus. It doesn't fall with the market and often rallies even harder after a market rebound.
Not long after Huang Renxun's call, on June 22, Marvell will be added to the S&P 500 index, and all we've seen lately are bullish signals.
I see no changes in his core logic, plus the expectations are really strong. As the AI cluster expands, the demand for optical interconnect will grow even quicker. The larger the Pod, the more MoE and reasoning models we have.
The data exchange between chips is becoming more intense, which means the network bandwidth and the value of optical links each chip needs will increase, so computing power could double, and the demand for optical interconnect might not just double.
This trend is already reflected in the management's guidance: Marvell's FY27 interconnect growth expectation has been raised from about +30% to +50%, and now it's up to over +70%.
At the same time, the company also stated that FY28 interconnect will still outpace cloud capex growth. Continuous upward revisions indicate that the demand for AI optical interconnect is stronger than the company's initial expectations.
It's all bullish, so I'm holding on for now.