Bank of America Raises Marvell Stock Price Target Amid AI Industry Growth
Bank of America analyst Vivek Arya raised the price target for Marvell (MRVL) following an upward revision in its semiconductor industry forecast. The firm now estimates a $2.7 trillion total addressable market by 2030, reflecting strong growth potential driven by AI advancements.
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Topics: AI Market Growth Bank of America Marvell Semiconductor Industry Forecast