Marvell Technology (MRVL) Stock Jumps on AI Connectivity Bets: Latest News, Earnings and Analyst Targets as of December 10, 2025
Marvell shares rose over 3% to around $91–92 on December 10, rebounding after a sharp drop driven by concerns over losing Amazon AI chip business. The stock remains down about 19.5% year-to-date despite a 32% gain in the past three months. Q3 FY26 revenue hit a record $2.075 billion, up 37% year-on-year. Management forecasts full-year revenue growth above 40%.