Tech Titans Soar: Intel and Marvell Lead Market Gains as Nu Holdings, GE Vernova, and Dell Surge

1. Intel (Nasdaq: INTC)
Intel surged by 9.49%. Intel is reportedly collaborating with investment banks to navigate its most challenging period in 56 years. The company is considering various options, including splitting its product design and manufacturing businesses and potentially canceling certain projects to improve its financial performance.

2. Marvell Technology (Nasdaq: MRVL)
Marvell Technology surged by 9.16%. Marvell Technology reported Q2 fiscal 2025 results with $12.7 billion in revenue and a loss of $1.93 billion. Needham, Morgan Stanley, and Evercore ISI Group reiterated their ratings with target prices of $95, $82, and $98, respectively. Q3 revenue and EPS guidance exceed analysts' expectations.

3. Nu Holdings Ltd. (NYSE: NU)
Nu Holdings Ltd. gained solidly by 4.99%. Nu Holdings reported second quarter 2024 revenue of $55.85 billion, up 60.14% year-over-year. JP Morgan maintains neutral rating with a $15.00 target, Barclays overweight at $17.00, and Susquehanna positive at $16.00. CEO David Velez sold 31 million shares, cashing out approximately $404 million.

4. Ge Vernova (NYSE: GEV)
Ge Vernova gained solidly by 4.99%. William Blair initiates coverage on GE Vernova with an Outperform rating. Morgan Stanley maintains Overweight on GE Vernova with a $220.00 target. HSBC initiates Buy coverage with a $215.00 target. GE Vernova's mid-2024 revenue is $154.63 billion, up 3.49% year-over-year.

5. Dell Technologies (NYSE: DELL)
Dell Technologies gained solidly by 4.33%. Dell Technologies reported second quarter fiscal 2025 revenue of $25 billion, a 9% increase driven by strong AI server sales. Barclays maintains a hold rating with a target price of $106, while B of A Securities maintains a buy rating and raises the target price to $155.