NVIDIA's $2B Investment Validates Marvell as Premier 'Custom Silicon' Partner

Marvell Technology (MRVL) is a fabless designer and marketer of integrated circuits. Its acquisition of Cavium in 2018 helped diversify its business and opened up the data center market. The company's transition to data infrastructure semiconductor solutions is paying off, with analysts expecting double-digit growth through 2028. NVIDIA's $2 billion investment in MRVL validates the company as the premier "custom silicon" partner for the AI era. MRVL shares are relatively cheap, with a 33 P/E ratio, and exhibit relative strength compared to the S&P 500 Index.