I’m finding this round from $MRVL kind of interesting—HSBC ($HSBC) directly raised its price target from $325 to $450.
The logic mainly has three points: first, demand expectations for XPU attach are set to surge;
second, the partnership with Google ($GOOGL ) is a key highlight for expanding revenue;
especially, they believe CXL-related revenues will grow significantly.
I’m looking forward to the Investor Day on October 6th. Then we’ll see whether these expectations can be delivered.
The logic mainly has three points: first, demand expectations for XPU attach are set to surge;
second, the partnership with Google ($GOOGL ) is a key highlight for expanding revenue;
especially, they believe CXL-related revenues will grow significantly.
I’m looking forward to the Investor Day on October 6th. Then we’ll see whether these expectations can be delivered.
