Marvell Technology (MRVL) Stock News Today: AI Photonics Deal, Analyst Forecasts, and What Investors Are Watching on Dec. 12, 2025
Marvell Technology, Inc. (NASDAQ: MRVL) is ending the week as one of the semiconductor sector’s most debated AI infrastructure plays—caught between bullish long-term forecasts tied to hyperscaler demand and a fresh wave of skepticism about whether key custom-silicon programs could shift to rivals. As of Friday, Dec. 12, 2025, the story around Marvell Technology stock is not about a single headline—it’s about how investors reconcile three competing narratives: (1) record results and an AI-focused acquisition, (2) hyperscaler “design-loss” fears that drove sharp volatility earlier this week, and (3) Wall Street’s still-wide gap between bearish and bullish forecasts for 2026–2029. What’s