Quick Read – Marvell Technology (MRVL) posted Q3 FY2026 record revenue of $2.074B (+37% YoY) with data center revenue of $1.518B representing 73% of total (+38% YoY), while management raised FY2027 data center growth guidance and the company redeployed $1.80B from its Automotive…
hernet sale into the Celestial AI acquisition and $1.3B in Q3 stock buybacks. – Marvell operates in the architectural infrastructure layer that services hyperscaler custom AI chips and optical interconnects, decoupling its growth from cyclical DRAM and NAND spot pricing that has historically collapsed at the peak of prior memory booms. – The analyst who called NVIDIA in 2010 just named his top 10 stocks and Marvell Technology wasn’t one of them. Get them here FREE
Micron Technology (NASDAQ:MU) is the ticker dominating every memory-cycle headline right now, with traders piling into the assumption that DRAM and NAND pricing will ride the AI buildout straight up. But here’s what you should actually be watching. Memory is, and always has been, a commodity.
DRAM and NAND pricing is set by global supply, capital intensity is brutal, and the cycle is historically boom and bust. Every memory boom in the last 25 years has handed back its gains when capacity caught up with demand. Retirement-focused investors who lived through prior air pockets already know how this movie ends.