Aug. 27 at 5:13 AM
$MRVL earnings tomorrow AMC.
Est:
$2.71B rev (+35% YoY),
$0.93 EPS.
Google custom-chip deal:
$12.2B warrants that vest only with
$120B in purchases through 2033.
WF PT hiked to
$310. Path to ~
$11 EPS by FY29. Jensen already named it the next trillion-dollar company.
Optical memory fabric + custom ASICs for hyperscalers. High multiple, but the infra moat is getting real.
Watch the guide hard.
$MRVL $GOOGL $NVDA $AVGO
#AI #Semiconductors #MRVL #Earnings #CustomASICs