$Marvell Technology(MRVL)$ AI infrastructure stocks have been completely reset after this month's historic sell-off, but earnings season has shown that AI fundamentals have actually improved quite a bit. A lot of the unprofitability narratives have been silenced. I think the AI rally has room to extend and could potentially make new all-time highs or get close, based on what we've seen. That said, I don't think there will be as much margin in these names as before, partly because of what happened with that Leopold guy who blew up his hedge fund. That could cap the gains and prevent any parabolic moves. Just my take.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments