However AI capital expenditure from hyperscalers have not slowed down. Alphabet, Amazon & Microsoft are keen to escape Nvidia's premium GPU prices. They need custom ASICs to optimise their data centers at a lower cost.
Marvell is the undisputed king of this custom silicon transition.
Marvell's management also said that their custom chip business is expected to double next year. You do not double your core growth engine in a cooling market.
So a great strategy is to dollar cost average $Marvell Technology(MRVL)$ . It shifts you from being a stressed investor trying to time the markets to be a patient, calm investor, building wealth in the long term.
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- JackPowellΒ·09-01 19:02Doubling is the bull case, not the base case. CFO already tied the back half to customer capex pacing, and that kind of wording is never cleanLikeReport
- 1PCΒ·08-31 20:43Nice Sharing π @DiAngel @Aqa @JC888 @Barcode @Shyon @Sherniceθ»ε¬£ 2000LikeReport