The Latest Breaking News from MRVL

As the economic recovery continues gaining pace, quality growth stocks should make a solid comeback. However, with growing geopolitical and interest rate increase concerns, not all growth stocks are good bets currently. We believe it could be worth betting on PulteGroup (PHM) and Box (BOX), which are expected to gain…

Multiple analysts initiated coverage on Credo Technology Group Holding Ltd (NASDAQ:CRDO) with a positive stance. Goldman Sachs analyst Toshiya Hari initiated coverage on Credo with a Buy rating and price target of $23 (51.3% upside). Stifel analyst Tore Svanberg initiated coverage on Credo with a Buy rating and price target of $20 (31.6% upside). BofA analyst Vivek…

Someone with a lot of money to spend has taken a bullish stance on Marvell Technology (NASDAQ:MRVL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Rising demand for advanced semiconductor chips, rising government and corporate investments, and technological breakthroughs in the chipmaking process make the semiconductor industry’s prospects bright. Also, because an increase in production will likely ease the global chip shortage later this year, prominent chip makers Qualcomm (QCOM) and Marvell Technology (MRVL) are…