最新ニュース Marvell Tech (NASDAQ:MRVL) 株価情報

Marvell Tech

Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.

Marvell Technology

Marvell Technology Group

Marvell Technology Inc

MARVELL TECHNOLOGY ORD

WIIM

AMAT

AVGO

KLAC

LRCX

MPWR

MRVL

Shares of semiconductor stocks are trading higher. The sector may be rebounding after falling amid a broader market dip on Tuesday.

Semiconductor chip stocks led by Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) noted investor selloff since Friday after gaining from Micron Technology, Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) upbeat quarterly print and U.S. Fed rate cut to boost demand.
Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Qualcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), Texas Instruments Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>), Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>), Micron, Analog Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>), Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), Marvell Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) are trading lower Tuesday. Semiconductor ETFs VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>) and iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) are down over 3%.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/10/41124391/qualcomm-partners-with-stmicroelectronics-to-boost-ai-powered-iot-connectivity" rel="noreferrer noopener">Qualcomm Partners With STMicroelectronics To Boost AI-Powered IoT Connectivity</a>
The street remains jittery over <a target="_blank" href="https://www.benzinga.com/news/24/10/41119735/nvidia-faces-new-competition-cerebras-files-for-ipo-huawei-pushes-ai-chips" rel="noreferrer noopener">artificial intelligence prospects</a> as analysts flagged Nvidia&#8217;s dependence on four customers, which are also developing in-house chips, and its delays in product releases.
Though China urges its companies to adopt domestic AI chipmakers, National Science and Technology Council (NSTC) Minister Wu Cheng-wen said China lags behind Taiwan Semiconductor Manufacturing Co&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) <a href="https://www.benzinga.com/government/24/10/41114632/taiwan-semiconductors-2-nm-breakthrough-puts-taiwan-a-decade-ahead-of-chinas-semiconductor-industry" target="_blank" rel="noreferrer noopener">advanced technology semiconductor manufacturing</a> by at least a decade. Taiwan Semiconductor is a crucial supplier for Nvidia and Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>).
The U.S. Chips Act played a crucial role in helping America develop its semiconductor base by offering <a target="_blank" href="https://www.benzinga.com/government/24/09/41007184/taiwan-semi-secures-7-5b-boost-for-arizona-expansion-aims-for-advanced-chip-production-report" rel="noreferrer noopener">subsidies to chipmakers</a> to boost artificial intelligence chip production in the country.
The semiconductor sector could see another tailwind if the Biden administration inks a bill to fastrack the specific semiconductor manufacturing projects that receive subsidies through the Chips Act by diluting the federal environmental scrutinies.
The legislation would exempt qualifying chip projects from reviews under the National Environmental Policy Act, the New York Times <a href="https://www.nytimes.com/2024/10/01/us/politics/biden-semiconductor-environmental-review.html" target="_blank" rel="noreferrer noopener">reports</a>.
Struggling chipmaker Intel recently got a boost from <a href="https://www.benzinga.com/news/24/09/40897994/whats-going-on-with-intel-stock-on-tuesday" target="_blank" rel="noreferrer noopener">$3 billion in direct funding</a> under the Chips Act in addition to the $8.5 billion in grants and $11 billion in loans that the company previously won under the act.
Also Read:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41124123/micron-set-for-profit-surge-with-high-margin-products-and-ai-driven-market-expansio" target="_blank" rel="noreferrer noopener">Micron Set for Profit Surge with High-Margin Products and AI-Driven Market Expansion, Analyst Says</a></li>
</ul>
Photo via Shutterstock

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Despite Nvidia Selloff, Biden's Law and Taiwan Semi's Advantage Offer Growth Potential

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Shares of companies in the broader semiconductor and chip sector are trading lower amid overall market weakness after Iran launched a missile attack on Israel.

Whales with a lot of money to spend have taken a noticeably bullish stance on Marvell Tech.
Looking at options history for Marvell Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 44% of the investors opened trades with bullish expectations and 44% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $239,185 and 5, calls, for a total amount of $370,011.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $65.0 to $85.0 for Marvell Tech over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Marvell Tech's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Marvell Tech's substantial trades, within a strike price spectrum from $65.0 to $85.0 over the preceding 30 days.
<h3>Marvell Tech Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727795756_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$11.2</td>
<td>$11.05</td>
<td>$11.2</td>
<td>$65.00</td>
<td>$224.0K</td>
<td>3.0K</td>
<td style="text-align: right;">200</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$7.8</td>
<td>$7.7</td>
<td>$7.8</td>
<td>$77.50</td>
<td>$103.7K</td>
<td>697</td>
<td style="text-align: right;">133</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$1.64</td>
<td>$1.59</td>
<td>$1.59</td>
<td>$67.50</td>
<td>$54.8K</td>
<td>1.9K</td>
<td style="text-align: right;">116</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$6.4</td>
<td>$6.3</td>
<td>$6.4</td>
<td>$75.00</td>
<td>$50.5K</td>
<td>936</td>
<td style="text-align: right;">79</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$2.94</td>
<td>$2.87</td>
<td>$2.89</td>
<td>$85.00</td>
<td>$39.3K</td>
<td>4.2K</td>
<td style="text-align: right;">272</td>
</tr>
</tbody>
</table>

<h3>About Marvell Tech</h3>
Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.
Following our analysis of the options activities associated with Marvell Tech, we pivot to a closer look at the company's own performance.
<h3>Where Is Marvell Tech Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 3,079,868, the MRVL's price is down by -1.66%, now at $70.92. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 59 days.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Marvell Tech, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Markets

Smart Money Is Betting Big In MRVL Options

Semiconductor stocks, led by Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), are trading lower Monday amid reports that Beijing is <a target="_blank" href="https://www.benzinga.com/news/24/09/41082667/heres-why-china-is-urging-its-companies-to-forgo-nvidias-chips" rel="noreferrer noopener">encouraging Chinese firms</a> to focus on domestic artificial intelligence (AI) chips from companies like Cambricon Technologies Corp and&nbsp;Huawei Technologies Co.
The move marks an escalation of geopolitical tensions between China and the U.S.
Nvidia suppliers and rivals including Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>), Texas Instruments Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>), Marvell Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), Micron Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), ON Semiconductor Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>), STMicroelectronics NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STM#NYSE">STM</a>) are down in pin action with the interconnectivity of the semiconductor ecosystem.
AI server company Super Micro Computer, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) is also down.
China recently announced plans to slash its key rates to drive growth, shadowing the U.S. move. The countries expect the move to drive discretionary spending, which in turn will drive economic growth.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/09/41084992/nvidia-stock-could-touch-800-by-2030-bgg-executive-predicts-550-upside-driven-by-ai-revolution-a" rel="noreferrer noopener">Nvidia Stock Could Touch $800 By 2030, BGG Executive Predicts 550% Upside Driven By AI Revolution And Web3 Transition</a>
Prior reports indicated that Nvidia <a target="_blank" href="https://www.benzinga.com/government/24/07/39646273/is-nvidia-defying-us-export-controls-whats-going-on" rel="noreferrer noopener">was on track</a> to sell $12 billion of artificial intelligence chips in China in 2024 through the sale of over&nbsp;1 million new H20 chips, with each chip costing $12,000-$13,000.
<a target="_blank" href="https://www.benzinga.com/news/24/09/41066968/microsoft-google-meta-pave-path-to-ai-expansion-nvidia-and-broadcom-set-to-reap-benefits" rel="noreferrer noopener">Meanwhile, U.S. hyperscalers</a>, including Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Google parent&nbsp;Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) remain invested in their AI endeavors, signaling continued demand for Nvidia AI chips.
Chinese hyperscalar Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) also <a href="https://www.benzinga.com/news/24/09/41089672/whats-going-on-with-alibaba-stock-on-monday" target="_blank" rel="noreferrer noopener">collaborated with Nvidia</a> on autonomous driving experience.
<h2 class="wp-block-heading">AMD Stock Prediction For 2024</h2>
Equity research can be a valuable source of information for learning about a company's fundamentals. Analysts create financial models based on the fundamentals and expected future earnings of a company to arrive at a price target and recommendation for the stock.
Shares of Advanced Micro Devices have an average 1-year price target of $196.27, representing an expected upside of 19.42%.
Because of differences in assumptions, analysts can arrive at very different price targets and recommendations. No analysts have bearish recommendations on Advanced Micro Devices, while 13 analysts have bullish ratings. The street high price target from Rosenblatt is $250.0, while the street low from Truist Securities is $156.0.
Price Action: NVDA stock is down 2.65% at $118.18 premarket at the last check on Monday.
Also Read:
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<li><a href="https://www.benzinga.com/news/24/09/40980388/amd-chief-predicts-custom-chips-will-outperform-gpus-sees-shift-in-ai-chip-demand-report" target="_blank" rel="noreferrer noopener">AMD Chief Predicts Custom Chips Will Outperform GPUs, Sees Shift in AI Chip Demand: Report</a></li>
</ul>
Photo: Nazrul Iznan via Shuttestock

BABA

GOOG

GOOGL

MSFT

SMCI

What's Going On With Chip Stocks Like Nvidia, Taiwan Semi And AMD on Monday?

Marvell Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) has outperformed the market over the past 5 years by 9.84% on an annualized basis producing an average annual return of 24.12%. Currently, Marvell Tech has a market capitalization of $61.21 billion. 
Buying $1000 In MRVL: If an investor had bought $1000 of MRVL stock 5 years ago, it would be worth $2,831.40 today based on a price of $70.67 for MRVL at the time of writing.
<h3>Marvell Tech's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727467235_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

Here's How Much You Would Have Made Owning Marvell Tech Stock In The Last 5 Years

Shares of companies in the broader semiconductor space are trading lower. The sector may be pulling back after rising Thursday on strong earnings from Micron.

<a href="https://www.cnbc.com/2024/09/26/nvidia-is-missing-key-technology-and-do-a-deal-to-get-it-says-susquehanna-analyst-.html" title="https://www.cnbc.com/2024/09/26/nvidia-is-missing-key-technology-and-do-a-deal-to-get-it-says-susquehanna-analyst-.html">https://www.cnbc.com/2024/09/26/nvidia-is-missing-key-technology-and-do-a-deal-to-get-it-says-susquehanna-analyst-.html</a>

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'Optical And Photonic Products Manufacturer Lumentum Holdings, Engineered Materials And Optoelectronic Components Maker Coherent And Semiconductor Producer Marvell Technology Are Among Several Names Rolland Listed As Potential Candidates For An Nvidia Acquisition' - CNBC PRO

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Shares of semiconductor and chip stocks are trading higher following strong earnings from Micron.

Several chip stocks are moving higher after the market close on Wednesday alongside Micron Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), which jumped after the company reported <a href="https://www.benzinga.com/news/earnings/24/09/41034733/micron-q4-earnings-revenue-eps-beat-on-robust-ai-demand-company-sees-significantly-improved-profita">strong quarterly results</a>.
What Happened With MU: Micron beat analyst estimates on the top and bottom lines, reporting revenue of $7.75 billion versus <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">estimates</a>&nbsp;of $7.635 billion, and earnings of $1.18 per share versus estimates of $1.13 per share.
Micron said its 93% revenue growth in the quarter was driven by robust <a href="http://benzinga.com/topic/ai">AI</a> demand, which was the main driver of chip stock appreciation in recent years.
The memory-chip giant also guided for &#8220;significantly improved profitability&#8221; in fiscal 2025, which appears to be sparking the surge in shares. Micron stock was up 13.2% at $108.37 at the time of writing, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Don&#8217;t Miss: <a href="https://www.benzinga.com/news/earnings/24/09/41034733/micron-q4-earnings-revenue-eps-beat-on-robust-ai-demand-company-sees-significantly-improved-profita">Micron Q4 Earnings: Revenue, EPS Beat On &#8216;Robust AI Demand,&#8217; Company Sees &#8216;Significantly Improved&#8217; Profitability Ahead, Shares Surge</a>
Why It Matters: Micron focuses on making memory chips. Other big players in the semiconductor memory market like Western Digital Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>) and Lam Research Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) are seeing the biggest gains after the bell, with both up more than 4% in after-hours trading at the time of writing, per <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Other chipmakers making moves after the bell include NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Advanced Micro Devices Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Marvell Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) and Arm Holdings Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>). Several chip stocks were up roughly 1% after hours at last check.
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Photo: Courtesy of Arm Holdings.

Earnings

Movers

Western Digital, Nvidia, Other Chip Stocks Are Rising Wednesday: What's Behind The Move?

LEDS

Financial giants have made a conspicuous bearish move on Marvell Tech. Our analysis of options history for Marvell Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) revealed 12 unusual trades.
Delving into the details, we found 41% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $559,471, and 10 were calls, valued at $651,910.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $60.0 to $100.0 for Marvell Tech over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for Marvell Tech options trades today is 1383.0 with a total volume of 2,973.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Marvell Tech's big money trades within a strike price range of $60.0 to $100.0 over the last 30 days.
<h3>Marvell Tech Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727286359_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$9.55</td>
<td>$9.4</td>
<td>$9.4</td>
<td>$70.00</td>
<td>$470.0K</td>
<td>1.0K</td>
<td style="text-align: right;">501</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$14.35</td>
<td>$14.25</td>
<td>$14.25</td>
<td>$60.00</td>
<td>$237.9K</td>
<td>1.3K</td>
<td style="text-align: right;">170</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$14.3</td>
<td>$14.25</td>
<td>$14.25</td>
<td>$60.00</td>
<td>$158.1K</td>
<td>1.3K</td>
<td style="text-align: right;">304</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$2.93</td>
<td>$2.6</td>
<td>$2.77</td>
<td>$67.50</td>
<td>$89.4K</td>
<td>2.2K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$14.15</td>
<td>$14.0</td>
<td>$14.0</td>
<td>$60.00</td>
<td>$43.4K</td>
<td>1.3K</td>
<td style="text-align: right;">329</td>
</tr>
</tbody>
</table>

<h3>About Marvell Tech</h3>
Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.
In light of the recent options history for Marvell Tech, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Marvell Tech's Current Market Status</h3>
<ul>
<li>With a trading volume of 3,887,830, the price of MRVL is down by -0.49%, reaching $70.85.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 65 days from now.</li>
</ul>
<h3>Expert Opinions on Marvell Tech</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $104.6.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Piper Sandler has revised its rating downward to Overweight, adjusting the price target to $100. 
&#x2A; Consistent in their evaluation, an analyst from B of A Securities keeps a Buy rating on Marvell Tech with a target price of $90. 
&#x2A; Consistent in their evaluation, an analyst from Benchmark keeps a Buy rating on Marvell Tech with a target price of $115. 
&#x2A; Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Marvell Tech with a target price of $98. 
&#x2A; An analyst from Rosenblatt persists with their Buy rating on Marvell Tech, maintaining a target price of $120. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Marvell Tech options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Looking At Marvell Tech's Recent Unusual Options Activity

ENTG

FORM

OLED

Shares of semiconductor and chip stocks are trading higher following Wednesday's rate cut, which has lifted growth stocks and rate-sensitive sectors such as tech.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$115.00</td>
<td>$59.2K</td>
<td>43.1K</td>
<td>70.4K</td>
</tr>
<tr>
<td>TSM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$180.00</td>
<td>$54.3K</td>
<td>18.9K</td>
<td>11.0K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$152.50</td>
<td>$77.8K</td>
<td>8.6K</td>
<td>8.2K</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$60.00</td>
<td>$38.0K</td>
<td>4.1K</td>
<td>2.0K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$30.00</td>
<td>$697.5K</td>
<td>20.0K</td>
<td>1.2K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$19.00</td>
<td>$48.4K</td>
<td>2.5K</td>
<td>1.0K</td>
</tr>
<tr>
<td>MSTR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$125.00</td>
<td>$29.0K</td>
<td>4.5K</td>
<td>1.0K</td>
</tr>
<tr>
<td>ORCL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$155.00</td>
<td>$99.9K</td>
<td>3.2K</td>
<td>967</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$21.00</td>
<td>$25.6K</td>
<td>16.6K</td>
<td>959</td>
</tr>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$450.00</td>
<td>$68.0K</td>
<td>778</td>
<td>851</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option trade that happens to be bullish, expiring in 2 day(s) on September 20, 2024. This event was a transfer of 250 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $59.2K, with a price of $237.0 per contract. There were 43182 open contracts at this strike prior to today, and today 70495 contract(s) were bought and sold. 
• For TSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), we notice a call option sweep that happens to be bullish, expiring in 30 day(s) on October 18, 2024. This event was a transfer of 125 contract(s) at a $180.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $54.3K, with a price of $435.0 per contract. There were 18909 open contracts at this strike prior to today, and today 11055 contract(s) were bought and sold. 
• For AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we notice a call option sweep that happens to be neutral, expiring in 2 day(s) on September 20, 2024. This event was a transfer of 401 contract(s) at a $152.50 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $77.8K, with a price of $194.0 per contract. There were 8666 open contracts at this strike prior to today, and today 8204 contract(s) were bought and sold. 
• For MRVL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), we notice a put option trade that happens to be bullish, expiring in 485 day(s) on January 16, 2026. This event was a transfer of 50 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $38.0K, with a price of $760.0 per contract. There were 4182 open contracts at this strike prior to today, and today 2006 contract(s) were bought and sold. 
• Regarding PLTR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on September 20, 2024. Parties traded 1065 contract(s) at a $30.00 strike. This particular call needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $697.5K, with a price of $655.0 per contract. There were 20070 open contracts at this strike prior to today, and today 1246 contract(s) were bought and sold. 
• For MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we notice a call option sweep that happens to be bearish, expiring in 121 day(s) on January 17, 2025. This event was a transfer of 200 contract(s) at a $19.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $48.4K, with a price of $242.0 per contract. There were 2511 open contracts at this strike prior to today, and today 1048 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a put option trade with bullish sentiment. It expires in 2 day(s) on September 20, 2024. Parties traded 200 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $29.0K, with a price of $145.0 per contract. There were 4557 open contracts at this strike prior to today, and today 1031 contract(s) were bought and sold. 
• For ORCL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), we notice a put option trade that happens to be bearish, expiring in 30 day(s) on October 18, 2024. This event was a transfer of 740 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $99.9K, with a price of $135.0 per contract. There were 3263 open contracts at this strike prior to today, and today 967 contract(s) were bought and sold. 
• For INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we notice a call option trade that happens to be bullish, expiring in 30 day(s) on October 18, 2024. This event was a transfer of 200 contract(s) at a $21.00 strike. The total cost received by the writing party (or parties) was $25.6K, with a price of $128.0 per contract. There were 16691 open contracts at this strike prior to today, and today 959 contract(s) were bought and sold. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a put option sweep that happens to be neutral, expiring in 30 day(s) on October 18, 2024. This event was a transfer of 18 contract(s) at a $450.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $68.0K, with a price of $3784.0 per contract. There were 778 open contracts at this strike prior to today, and today 851 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

MARA

MSTR

ORCL

PLTR

10 Information Technology Stocks Whale Activity In Today's Session

Investors with a lot of money to spend have taken a bullish stance on Marvell Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with MRVL, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 12 uncommon options trades for Marvell Tech.
This isn't normal.
The overall sentiment of these big-money traders is split between 66% bullish and 16%, bearish.
Out of all of the special options we uncovered, 10 are puts, for a total amount of $1,272,670, and 2 are calls, for a total amount of $67,210.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $55.0 to $92.5 for Marvell Tech over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Marvell Tech's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Marvell Tech's whale trades within a strike price range from $55.0 to $92.5 in the last 30 days. 
<h3>Marvell Tech Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726670916_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/01/24</td>
<td>$0.83</td>
<td>$0.57</td>
<td>$0.67</td>
<td>$60.00</td>
<td>$569.5K</td>
<td>5.0K</td>
<td>8.5K</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$16.35</td>
<td>$16.3</td>
<td>$16.35</td>
<td>$85.00</td>
<td>$201.1K</td>
<td>160</td>
<td>1</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$14.6</td>
<td>$14.5</td>
<td>$14.5</td>
<td>$85.00</td>
<td>$101.5K</td>
<td>129</td>
<td>111</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$21.15</td>
<td>$21.05</td>
<td>$21.05</td>
<td>$92.50</td>
<td>$84.2K</td>
<td>10</td>
<td>40</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$2.82</td>
<td>$2.76</td>
<td>$2.82</td>
<td>$67.50</td>
<td>$70.2K</td>
<td>1.1K</td>
<td>550</td>
</tr>
</tbody>
</table>

<h3>About Marvell Tech</h3>
Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.
Following our analysis of the options activities associated with Marvell Tech, we pivot to a closer look at the company's own performance.
<h3>Where Is Marvell Tech Standing Right Now?</h3>
<ul>
<li>With a volume of 756,605, the price of MRVL is up 0.42% at $73.08. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 72 days.</li>
</ul>
<h3>What Analysts Are Saying About Marvell Tech</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $99.6.
<ul>
<li>An analyst from Rosenblatt has decided to maintain their Buy rating on Marvell Tech, which currently sits at a price target of $100. </li>
<li>An analyst from Rosenblatt has decided to maintain their Buy rating on Marvell Tech, which currently sits at a price target of $120. </li>
<li>Consistent in their evaluation, an analyst from Roth MKM keeps a Buy rating on Marvell Tech with a target price of $95. </li>
<li>Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for Marvell Tech, targeting a price of $98. </li>
<li>Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for Marvell Tech, targeting a price of $85. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Marvell Tech with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

The Nasdaq 100 closed lower by around 0.5% during Monday's session. Investors, meanwhile, focused on some notable insider trades.
When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
Below is a look at a few recent notable insider sales. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga&#8217;s insider transactions</a> platform.
<h3 class="wp-block-heading">Marvell Technology</h3>
<ul>
<li>The Trade: Marvell Technology, Inc. &nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) Director Ford Tamer <a href="https://www.benzinga.com/sec/insider-trades/">sold a total of 92,000 shares</a> at an average price of $74.16. The insider received around $6.8 million from selling those shares.</li>
<li>What's Happening: On Sept. 13, Marvell Technology announced a quarterly dividend of 6 cents per share of common stock.</li>
<li>What Marvell Technology Does: Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091724&amp;t=be2bearmibe3na1">latest MRVL news. </a></li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="897" height="837" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/17071918/image-126.png" alt="" class="wp-image-551530" style="width:659px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/17071918/image-126.png 897w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/17071918/image-126-300x280.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/17071918/image-126-768x717.png 768w" sizes="(max-width: 897px) 100vw, 897px" /></a></figure>
<h3 class="wp-block-heading">Northern Trust</h3>
<ul>
<li>The Trade: Northern Trust Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTRS#NASDAQ">NTRS</a>) Director Charles A Tribbett <a href="https://www.benzinga.com/sec/insider-trades/">sold a total of 1,855 shares</a> at an average price of $88.12. The insider received around $163,463 from selling those shares.</li>
<li>What's Happening: On Sept. 10, Northern Trust announced leadership changes.</li>
<li>What Northern Trust Does: Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, affluent families, and individuals.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091724&amp;t=be2bearmibe3na1"> trend in NTRS stock. </a></li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="833" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/17072102/image-127.png" alt="" class="wp-image-551535" style="width:687px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/17072102/image-127.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/17072102/image-127-300x276.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/17072102/image-127-768x705.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure>
<h3 class="wp-block-heading">Lyft</h3>
<ul>
<li>The Trade: Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) Chief Legal Officer Lindsay Catherine Llewellyn <a href="https://www.benzinga.com/sec/insider-trades/">sold a total of 4,243 shares</a> at an average price of $12.00. The insider received around $50,916 from selling those shares.</li>
<li>What's Happening: On Sept. 5, Cantor Fitzgerald analyst Deepak Mathivanan initiated coverage on Lyft with a Neutral rating and announced a price target of $13..</li>
<li>What Lyft Does: Lyft is the second-largest ride-sharing service provider in the us and Canada, connecting riders and drivers over the Lyft app. </li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091724&amp;t=be2bearmibe3na1">breakout in LYFT shares.</a> </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="881" height="832" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/17072311/image-128.png" alt="" class="wp-image-551545" style="width:705px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/17072311/image-128.png 881w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/17072311/image-128-300x283.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/17072311/image-128-768x725.png 768w" sizes="(max-width: 881px) 100vw, 881px" /></a></figure>
<h3 class="wp-block-heading">Nasdaq</h3>
<ul>
<li>The Trade: Nasdaq, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) Executive Vice President John <a href="https://www.benzinga.com/sec/insider-trades/">sold a total of 11,000 shares</a> at an average price of $71.97. The insider received around $791,670 from selling those shares.</li>
<li>What's Happening: On Sept. 6, Nasdaq announced new leadership and structure for financial crime management technology.</li>
<li>What Nasdaq Does: Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its market-services business (about 35% of sales), the company sells and distributes market data as well as offers Nasdaq-branded indexes to asset managers and investors through its information-services segment (30%). </li>
<li>Benzinga Pro's earnings calendar was used to track upcoming <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091724&amp;t=be2bearmibe3na1">NDAQ earnings reports. </a></li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="852" height="813" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/17072400/image-1-34.png" alt="" class="wp-image-551546" style="width:597px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/17072400/image-1-34.png 852w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/17072400/image-1-34-300x286.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/17072400/image-1-34-768x733.png 768w" sizes="(max-width: 852px) 100vw, 852px" /></a></figure>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/40877520/if-you-want-steel-you-do-nucor-says-cramer-when-asked-about-gerdau">&#8216;If You Want Steel, You Do Nucor,&#8217; Says Cramer When Asked About Gerdau</a></li>
</ul>

Short Ideas

Insider Trades

Pre-Market Outlook

LYFT

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NTRS

Nasdaq, Marvell Technology And 2 Other Stocks Executives Are Selling

Shares of Arm Holdings PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) had spiked last week on prospects of the company&#8217;s V9 architecture being used in the new A18 chip for<a href="https://www.benzinga.com/news/24/09/40840174/whats-going-on-with-arm-holdings-stock-thursday"> Apple Inc's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) iPhone 16</a>.
The company has a proven growth track record and opportunities to continue growing faster than Street expectations, according to Benchmark.
The Arm Holdings Thesis: While the company is a "strong AI play," the elevated growth expectations are already priced into its stock, <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e2ae9e3430dee0001c80e0c/cody-acree">analyst Cody Acree</a> said in a note Monday. 
&#8220;For now, we are initiating coverage with a Hold rating and setting no price target, as is Benchmark's standard practice,&#8221; Acree said.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
"We believe the company is a unique investment property with solid leverage to the industry's fastest growth drivers, a growing position in the rapidly expanding AI and Data Center markets, and a dominant player in key industry verticals, such as smartphones and a growing participation in the AI PC market," the analyst wrote.
He added, however, that Apple's iPhone 16 will follow a "piece-meal AI strategy," with Apple Intelligence being launched sometime next month in the U.S. followed by a staggered rollout globally.
Arm's stock trades at twice the forward multiples of direct AI peers, such as Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Advanced Micro Devices Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) and Marvell Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), Acree further stated.
ARM Price Action: Shares of Arm Holdings had declined by 4.92% to $140.12&nbsp;at the time of publication on Monday.
Read More:<a href="https://www.benzinga.com/markets/equities/24/09/40874566/apple-shares-slide-in-monday-premarket-whats-souring-sentiment"> </a>
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/09/40874566/apple-shares-slide-in-monday-premarket-whats-souring-sentiment">Apple Shares Slide In Monday Premarket: What&#8217;s Souring Sentiment?</a></li>
</ul>
Image: Shutterstock

Analyst Color

Initiation

Analyst Ratings

Arm Holdings Is A 'Strong AI Play' But Not A Buy, Analyst Says

In the <a href="https://www.benzinga.com/topic/semiconductors">race for semiconductor supremacy</a>, three giants stand tall: Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Micron Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), and Marvell Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>).
But which stock is winning the tech wars, and who's stuck in the slow lane? Let's break it down.
<h2 class="wp-block-heading">Broadcom: The Dominator</h2>
Broadcom stock has been on fire lately, and there's no sign of cooling down. Up 97.28% over the past year and 54.5% year-to-date, The stock is making waves, with analysts eyeing a potential price target as high as $2,400. That's a staggering 925.2% expected movement!
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="669" height="522" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16085332/Screenshot-2024-09-16-at-6.17.25-PM.png" alt="" class="wp-image-549568" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16085332/Screenshot-2024-09-16-at-6.17.25-PM.png 669w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16085332/Screenshot-2024-09-16-at-6.17.25-PM-300x234.png 300w" sizes="(max-width: 669px) 100vw, 669px" /></figure>
Source: <a href="https://www.benzinga.com/report/AVGO">Benzinga Stock Report &#8211; AVGO</a>
And with a Sharpe ratio of 2.7687 over five years, Broadcom stock is leaps ahead of its peers in risk-adjusted returns.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="631" height="456" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16085952/Screenshot-2024-09-16-at-6.12.10-PM.png" alt="" class="wp-image-549613" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16085952/Screenshot-2024-09-16-at-6.12.10-PM.png 631w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16085952/Screenshot-2024-09-16-at-6.12.10-PM-300x217.png 300w" sizes="(max-width: 631px) 100vw, 631px" /></a></figure>
<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091624&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
Broadcom stock is flashing strong bullish signals on all fronts—its eight-day, 20-day, 50-day, and 200-day moving averages are all below the current price of $167.69, signaling strong bullish momentum. 
But beware: Options sentiment has recently shifted a bit more negative, so don't rule out some turbulence.
<h2 class="wp-block-heading">Micron Technology: Memory Struggles</h2>
Micron, one of the leaders in memory chips, hasn't had quite the same success as Broadcom. Its stock up a respectable 29.39% over the past year and 10.78% YTD, the future looks a little murkier. 
Analysts project a more modest price range, topping out at $225, with a 99.3% expected movement.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="669" height="522" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090454/Screenshot-2024-09-16-at-6.17.02-PM.png" alt="" class="wp-image-549626" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090454/Screenshot-2024-09-16-at-6.17.02-PM.png 669w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090454/Screenshot-2024-09-16-at-6.17.02-PM-300x234.png 300w" sizes="(max-width: 669px) 100vw, 669px" /></figure>
Source: <a href="https://www.benzinga.com/report/MU" target="_blank" rel="noreferrer noopener">Benzinga Stock Report &#8211; MU</a>
The bad news? Micron's Sharpe ratio of 0.9228 suggests it's underperforming in risk-adjusted returns, and its stock price has dropped below key moving averages. 
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091624&amp;t=be2bearmibe3na1 "><img loading="lazy" decoding="async" width="631" height="456" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090207/Screenshot-2024-09-16-at-6.12.26-PM.png" alt="" class="wp-image-549617" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090207/Screenshot-2024-09-16-at-6.12.26-PM.png 631w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090207/Screenshot-2024-09-16-at-6.12.26-PM-300x217.png 300w" sizes="(max-width: 631px) 100vw, 631px" /></a></figure>
<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091624&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
Technically, it's sitting in bearish territory, with bearish signals on the 20-day, 50-day and 200-day SMAs. Despite a short-term bullish signal from its eight-day moving average, Micron stock needs more than just a memory reboot to turn the tide.
Read Also: <a href="https://www.benzinga.com/trading-ideas/technicals/24/09/40835602/jim-cramer-sees-opportunity-in-micron-stock-as-death-cross-earnings-approach">Jim Cramer Sees Opportunity In Micron Stock As Death Cross, Earnings Approach</a>
<h2 class="wp-block-heading">Marvell Technology: Quietly Building Momentum</h2>
Marvell, the fabless chip designer known for its networking tech, has been quietly gaining steam. With the stock up 35.96% over the past year and 28.04% YTD, Marvell stock is also riding a bullish wave.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="669" height="522" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090905/Screenshot-2024-09-16-at-6.16.37-PM.png" alt="" class="wp-image-549637" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090905/Screenshot-2024-09-16-at-6.16.37-PM.png 669w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090905/Screenshot-2024-09-16-at-6.16.37-PM-300x234.png 300w" sizes="(max-width: 669px) 100vw, 669px" /></figure>
Source: <a href="https://www.benzinga.com/report/MRVL" target="_blank" rel="noreferrer noopener">Benzinga Stock Report &#8211; MRVL</a>
Analysts see upside potential with a 12-month target of $101 and 45.59% expected movement.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091624&amp;t=be2bearmibe3na1 "><img loading="lazy" decoding="async" width="631" height="456" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090226/Screenshot-2024-09-16-at-6.12.39-PM.png" alt="" class="wp-image-549619" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090226/Screenshot-2024-09-16-at-6.12.39-PM.png 631w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16090226/Screenshot-2024-09-16-at-6.12.39-PM-300x217.png 300w" sizes="(max-width: 631px) 100vw, 631px" /></a></figure>
<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091624&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
Technically, Marvell stock is looking solid, with bullish signals on all its moving averages and a Sharpe ratio of 1.4239 that beats the peer average. 
Although options sentiment has recently shifted negative, its stock price of $74.48 remains above all its key moving averages, making Marvell stock a steady performer with room to grow.
<h2 class="wp-block-heading">The Verdict</h2>
While all three are leaders in their respective segments, Broadcom stands out with its strong price action, bullish technicals, and stellar risk-adjusted returns. 
Marvell is a close contender with consistent buy signals, while Micron lags behind in technical strength and risk-adjusted performance. 
If you're looking for momentum in the semiconductor space, Broadcom is leading the charge, but Marvell might just be the underdog to watch.
Will Broadcom&#8217;s $2,400 price target be the semiconductor story of the year, or can Marvell sneak in with a surprise rally? 
One thing&#8217;s for sure: the chip wars are far from over!
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/technicals/24/09/40853499/amd-vs-nvidia-ai-stock-showdown-heats-up-as-market-awaits-next-big-move">AMD Vs. Nvidia: AI Stock Showdown Heats Up As Market Awaits Next Big Move</a></li>
</ul>
Image: Edited via Canva

Technicals

Semiconductor Smackdown: Broadcom Vs. Micron Vs. Marvell

Marvell Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) has outperformed the market over the past 5 years by 10.58% on an annualized basis producing an average annual return of 23.75%. Currently, Marvell Tech has a market capitalization of $65.00 billion. 
Buying $100 In MRVL: If an investor had bought $100 of MRVL stock 5 years ago, it would be worth $295.47 today based on a price of $75.04 for MRVL at the time of writing.
<h3>Marvell Tech's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726164173_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In This Stock 5 Years Ago Would Be Worth $300 Today

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Press Releases

Marvell Teralynx 10 51.2T Ethernet Switch Enters Volume Production for Global AI Cloud Deployments

Marvell Announces Immediate Availability of Open Ecosystem Software for Teralynx 10 51.2T Switch

Marvell Introduces Breakthrough Structera CXL Product Line to Address Server Memory Bandwidth and Capacity Challenges in Cloud Data Centers

Marvell Technology, Inc. Announces Conference Call to Review Second Quarter of Fiscal Year 2025 Financial Results

Microsoft Integrates Marvell NIST FIPS 140-3 Level-3 Compliant LiquidSecurity HSMs into Azure Key Vault and Managed HSM Services

Marvell to Showcase Latest Cloud Storage and CXL Memory Technologies at FMS 2024

Marvell Technology, Inc. Reports Second Quarter of Fiscal Year 2025 Financial Results

Marvell, Lumentum and Coherent Demonstrate Industry's First 800G ZR/ZR+ Pluggable Modules for 500km Data Center Interconnects

Dividends

Marvell Technology, Inc. Declares Quarterly Dividend Payment

Marvell to Showcase Optical Interconnect Innovations for Accelerated Infrastructure at ECOC 2024

Analog Devices

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Advanced Micro Devices, Inc. - Common Stock

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Arm Holdings plc - American Depositary Shares

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ASE Technology Holding Co., Ltd. American Depositary Shares (each representing Two Common Shares)

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