Marvell Technologies (MRVL) has a deal with Google for TPU chips, but analysts are hesitant after a recent pop, with price targets suggesting limited upside and potential downside.
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BUY HEAVY! Marvell Technology (MRVL) Earnings Analysis
Aug 27, 2026
Marvell Technologies (MRVL) announced a significant deal with Google for TPU chips, with Alphabet having the option to buy up to $12 billion in shares at $206. Despite the stock trading higher at $251, analysts remain hesitant with an average price target of $280, suggesting limited upside and a potential for a 28% drop.
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