MRVL leads in AI connectivity; price target of 320 by year-end.
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Now, today as well, and Marvel, another i13 name, they just had a breakthrough. And the reason this is kind of interesting for me because I remember when Cisco, I think it was 1998, built their first gigabit switch.
Well, fast forward, what is that, 28 years later, Marvel are demoing 102.4 terabyte per second switch. Not a gigabyte, terabytes, not 1 gigabyte, 102.4 terabytes in a second. That is insane.
And again, optics and connectivity is one of the bottlenecks for AI and AI data centers. And Marvel is the leader. And I do believe there's a high probability it'll reach another new all-time high before year end.
This is the chart again. Easy to read, easy to play. Hits the layers, bounces, goes up, hits another layer, reverts back, buy signal goes up. The volatility of these AI names is just a pleasure to deal with the exception of Palanteer.
Palanteer is not obeying the charts. I don't know why that is, but we'll get to that tomorrow. Uh but anyway, Marvelous Marvel should head back to 320 before the end of the year.
I shouldn't be making these big claims because they were not financial advice, but again, it says it in the chart. And the revenue, too.
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