Marvell Technology (NASDAQ: MRVL) has made it to the Top 10 AI Stocks in the Spotlight This Week, ranking 8th amid shifting market dynamics and growing power demands from AI infrastructure.
According to Morgan Stanley, power demand will remain resilient even if a recession hits due to Trump’s tariff policies. Data centers, driven by AI needs, are highly power-intensive and unlikely to scale back, with electricity consumption from AI expected to grow 10x by 2028. A Bloomberg forecast supports this, predicting 20–40% growth in US power demand from data centers in 2025 alone.
Though Morgan Stanley warns of potential near-term demand shocks and policy volatility, it views AI infrastructure investments from tech giants like Meta, Amazon, and Alphabet as long-term bullish signals.
Amid this backdrop, Marvell Technology, a key player in semiconductors, remains on investors’ radar. While Stifel recently cut MRVL’s price target to $80 (from $115) due to tariff-related concerns and a softer Q2 outlook, it maintained a Buy rating.
With 105 hedge funds holding MRVL in Q4 2024, the stock has institutional backing — but it’s not the top choice. Some lesser-known AI stocks are gaining faster traction, including one trading at less than 5x earnings that’s surged in 2025 while peers dropped nearly 25%.