What smart money is saying about Marvell Technology, Inc.
3 funds in our archive have pitched Marvell Technology, Inc. — most recently Brown Advisory Large‑Cap Sustainable Growth in March 2026.
Marvell Technology, Inc., together with its affiliated companies, specializes in the development, engineering, and commercialization of a broad range of integrated circuits. These offerings encompass analog, mixed-signal, digital signal processing, embedded, and standalone chip solutions. The company's product portfolio includes a variety of Ethernet solutions, such as controllers, network adapters, physical layer transceivers, and switches. They also provide single and multi-core processors, application-specific integrated circuits (ASICs), and System-on-a-Chip products for printers, along with application processors. Furthermore, Marvell delivers extensive storage solutions. These consist of controllers for both hard disk drives (HDDs) and solid-state drives (SSDs), designed to support diverse host system interfaces including serial attached SCSI (SAS), serial advanced technology attachment (SATA), peripheral component interconnect express (PCIe), non-volatile memory express (NVMe), and NVMe over fabrics. Their fiber channel product line features host bus adapters and controllers essential for server and storage system connectivity. Marvell maintains operations across numerous international locations, including the United States, China, Malaysia, the Philippines, Thailand, Singapore, India, Israel, Japan, South Korea, Taiwan, and Vietnam. The company was founded in 1995 and is headquartered in Wilmington, Delaware.
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Position history
Between Q4 2025 and Q2 2026, 7 fund letters reported a position in Marvell Technology, Inc. — 3 trimmed or exited.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 5 | 0 | 3 | 0 |
| Q1 2026 | 2 | 0 | 0 | 1 |
| Q4 2025 | 0 | 0 | 0 | 2 |
Fund activity · 7 positions · 3 moves
- June 2026
“From an absolute-performance perspective, including errors of commission, we saw meaningful weakness in our software, credit bureau, payments and data analytics exposure. We also had specific errors of commission in Zoetis and Workday, both of which have now been exited. We would categorise our exit from Marvell Technology in this category too.”
Marvell Technology, Inc. - June 2026
“Marvell Technology was particularly noteworthy.”
Marvell Technology, Inc. - June 2026
“Marvell Technology Inc. provides data infrastructure semiconductor solutions. The stock soared 203% on a combination of in-line results and higher forward guidance, driven by an improved outlook for its data center business. During a presentation at Computex in Taiwan in early June, Nvidia CEO, Jensen Huang, referred to Marvell as the next trillion-dollar company. In addition, inclusion in S&P 500 index effective June 22, added passive buying pressure. We trimmed back the position on strength.”
Marvell Technology, Inc. - June 2026
“Less than a year ago, shares of Marvell Technology Inc, which designs semiconductor chips focused on data infrastructure including networking, data centers and custom silicon, were under pressure as a function of underwhelming short-term guidance as well as investor concerns regarding competitive pressure specific to one large custom silicon customer. Following several discussions with the company, a trip to Asia to fully comprehend the competitive landscape, and our observation that optical networking was becoming increasingly tight across the AI chain, we concluded that the market was overstating these concerns and held our ground. The stock has climbed by more than 250% year-to-date, and by 200% in the second quarter alone. The company’s April quarterly report included a favorable outlook for the remainder of 2026 and into 2027-2028 driven by strengthening demand signals from some of its largest hyperscaler customers. In addition, the (Continued on the following page) LARGE-CAP SUSTAINABLE GROWTH REVIEW AND OUTLOOK AS OF JUNE 30, 2026 Marketing Material for Institutional Investors and Professional Clients Only 2 Source: FactSet. The information provided in this material is not intended to be and should not be considered to be a recommendation or suggestion to engage in or refrain from a particular course of action or to make or hold a particular investment or pursue a particular investment strategy, including whether or not to buy, sell, or hold any of the securities mentioned. It should not be assumed that investments in such securities have been or will be profitable. The composite performance shown above reflects the Large-Cap Sustainable Growth Composite, managed by Brown Advisory Institutional. Brown Advisory Institutional is a GIPS compliant firm and is a division of Brown Advisory LLC. Past performance is not indicative of future results. Sectors are based on the Global Industry Classification Standard (GICS®) classification system. Returns are calculated on a gross of fees basis. The portfolio information provided is based on a representative Large-Cap Sustainable Growth account and is provided as Supplemental Information. Please see the end of this presentation for a GIPS Report, important disclosures and a complete list of terms and definitions. 2 company was added to the S&P 500® Index during the quarter, creating forced buying among related index funds and ETFs. Lastly, in early June at an industry conference, NVIDIA CEO Jensen Huang introduced Marvell Technology’s CEO with the endorsement, “this is the next trillion-dollar company, ladies and gentlemen.”2 This unprompted and surprising introductory comment helped lift Marvell Technology Inc’s shares by more than 30% the next day. We have been trimming our position during the second quarter on elevated valuation but continue to like the company’s growth prospects over the upcoming years, as we believe it maintains solid competitive footing in an industry that continues to accelerate.”
Marvell Technology, Inc. “Marvell Technology outperformed as they ramped shipments of their custom AI chip for Amazon and are working on designs for other customers including Microsoft. They are also seeing significant growth in connectivity products for AI data centers.”
Marvell Technology, Inc.- March 2026
“Despite the broad sell-off among large-cap growth stocks during the first quarter, three portfolio holdings demonstrated double-digit price appreciation – all within the semiconductor area. Consensus spend expectations for data center infrastructure continue to expand rapidly, particularly among the hyperscalers. During the first quarter of 2026, consensus estimates for 2026 and 2027 capital expenditures among Amazon (AMZN), Microsoft (MSFT), Meta (META), Alphabet (GOOGL) and Oracle(ORCL) cumulatively increased by 25% and 23% respectively, largely to support data center demand – inclusive of chips and related equipment. Taiwan Semiconductor Manufacturing Co (TSM), one of the world’s leading contract chip manufacturers and our largest active weight in the portfolio, saw both its 2026 and 2027 consensus EPS estimates climb by 15% during the first quarter driven by favorable management guidance and fundamental strength in its business. Marvell Technology (MRVL), which designs chips focused on data infrastructure including networking, data centers and custom silicon, also experienced meaningful positive revisions to 2026 and 2027 EPS consensus estimates on the back of management’s favorable outlook.”
Marvell Technology, Inc. - HoldsLarge-Cap GrowthMarch 2026
“ Marvell Technology, Inc. (MRVL) traded higher during the quarter as investor confidence in AI-related infrastructure demand improved following earlier volatility.”
Marvell Technology, Inc.
Also mentioned · 3
These funds discuss Marvell Technology, Inc. — as a competitor, benchmark or comparable — without disclosing a position in it.
- MentionedMD SASS Concentrated ValueJune 2026
“Because many of those suppliers, including Micron, Intel, Western Digital, Dell, and Marvell, were traditionally viewed as cyclical businesses,”
Marvell Technology, Inc. - MentionedOakmark FundJune 2026
Named in a table in Oakmark Fund’s letter.
Marvell Technology, Inc. - June 2026
“Marvell Technology outperformed as they ramped shipments of their custom AI chip for Amazon and are working on designs for other customers including Microsoft. They are also seeing significant growth in connectivity products for AI data centers.”
Marvell Technology, Inc.
Fund coverage · 3 theses
Marvell Technology designs data-infrastructure chips and is backed by rising estimates and NVIDIA’s AI-infrastructure investment.
Read the full thesis- DavenportDecember 2025
Marvell Technology, Inc. is a fabless semiconductor provider with leading IP and robust R&D for data infrastructure, offering a compelling risk/reward after a pullback.
Read the full thesis - Alpha Wealth FundsDecember 2025
Marvell Technology is leveraged to the AI and data center supercycle via custom silicon and optical connectivity, supported by insider buying and improving margins.
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