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The Q2 results are due Aug. 27.\"We are looking for a slight beat and 2-4% raise, driven primarily by Optical,\" the report said, adding that Custom XPU trends also appear solid although tight wafer supply could limit near-term upside.The note said Marvell has room to raise its fiscal 2028 revenue forecasts by about 5%, driven by continued strength in its Optical business and Amazon  deals.The report also said recent supply agreement with Alphabet's  Google is a \"significant\" positive because it has a total addressable market of over $80 billion, outweighing lingering share shift concerns at Amazon.\"We believe premium valuation is justified,\" the note said, pointing to custom XPU wins at three US hyperscalers, optical connectivity leadership, and greenfield pipeline opportunities.RBC kept its outperform rating and a $360 price target.Price: 243.50, Change: ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["WUGI","IE00BBT3K403.USD","LU2322448791.USD","IE00BMPRXR70.SGD","IE00BN8TJ469.HKD","LU0154236417.USD","LU1046421795.USD","LU0081259029.USD","DTCR","LU1992135472.HKD","LU0823421416.USD","LU1720051017.SGD","LU2098885051.SGD","SMHX","LU2272731865.HKD","LU0444971666.USD","LU1720051108.HKD","LU1823568750.SGD","AIS","LU0187121727.USD","IE0004086264.USD","MRVU","LU0444973449.USD","FTXL","LU0061475181.USD","LU2272731600.USD","BK4581","LU1084165304.USD","FXL","ARTY","LU2089985449.USD","FAI","LU2357305700.SGD","BK4604","LU1642822529.SGD","LU2290526834.HKD","AIFD","BK4515","LU2272731782.SGD","LU2360107168.USD","LU1548497426.USD","LU1861215975.USD","MRVL","LU0957808578.USD","LU2458330243.SGD","LU1852331112.SGD","XNTK","LU2458330169.SGD","LU1261432733.SGD","IE00BLSP4239.USD","LU0274383776.USD","BK4585","QQQA","LU1861220033.SGD","IE00BLSP4452.SGD","LU2931357623.SGD","LU2473716301.USD","LU0127658192.USD","BK4588","LU1119994496.HKD","BK4141","LU1989764664.SGD","LU0823434740.USD","BK4605","GTEK","SOXY","IE00BMPRXQ63.HKD","LU1235294995.USD","LU1303367103.USD","LU1169589451.USD","IE00BMPRXN33.USD","LU1989764748.USD","LU1169590202.USD","LU0642271901.SGD","LU1992135399.USD","LU2322448957.HKD","MVLL","LU2543165471.USD","IE0004091025.USD","FDTX","LU1316542783.SGD","LU1815336760.USD","LU2244417387.USD","BK4543","LU0823434583.USD","SG9999000418.SGD","LU0823421333.USD","LU0476273544.USD","MRVX","LU0056508442.USD","LU0786609619.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2660235670","title":"Cboe data suggests bullish flow in Marvell with shares up 2.09%","url":"https://stock-news.laohu8.com/highlight/detail?id=2660235670","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660235670?lang=en_us&edition=fundamental","pubTime":"2026-08-20 23:40","pubTimestamp":1787240413,"startTime":"0","endTime":"0","summary":"Cboe data suggests bullish flow in Marvell (MRVL), with shares up $4.95, or 2.09%, near $242.22. Options volume running well above average with 132...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/cboe-data-suggests-bullish-flow-in-marvell-with-shares-up-2-09-thefly-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/cboe-data-suggests-bullish-flow-in-marvell-with-shares-up-2-09-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LU0444973449.USD","LU1316542783.SGD","LU1861215975.USD","MRVL","IE0004091025.USD","LU0642271901.SGD","LU0823434583.USD","LU0154236417.USD","LU0187121727.USD","MRVX","LU1084165304.USD","LU1852331112.SGD","BK4585","LU1989764664.SGD","LU1992135399.USD","LU0823421416.USD","IE00BMPRXN33.USD","MVLL","FDTX","LU1992135472.HKD","LU2357305700.SGD","BK4141","LU2272731600.USD","LU1548497426.USD","IE00BMPRXQ63.HKD","LU1720051017.SGD","LU2098885051.SGD","LU0081259029.USD","LU1046421795.USD","IE00BN8TJ469.HKD","LU1815336760.USD","LU0957808578.USD","LU0444971666.USD","LU1169589451.USD","BK4581","GTEK","LU2360107168.USD","LU1169590202.USD","LU1303367103.USD","LU2272731782.SGD","LU2244417387.USD","LU2089985449.USD","BK4605","LU2322448791.USD","IE00BLSP4239.USD","LU0274383776.USD","FAI","IE00BBT3K403.USD","LU2458330169.SGD","BK4604","LU1861220033.SGD","QQQA","FTXL","BK4515","BK4588","MRVU","LU2543165471.USD","LU2272731865.HKD","LU1989764748.USD","LU0056508442.USD","IE00BLSP4452.SGD","LU0823421333.USD","LU1720051108.HKD","LU2322448957.HKD","WUGI","LU1119994496.HKD","LU0061475181.USD","BK4543","SOXY","LU1261432733.SGD","AIS","AIFD","DTCR","LU0786609619.USD","LU1642822529.SGD","LU0476273544.USD","SG9999000418.SGD","SMHX","LU0127658192.USD","LU1235294995.USD","LU0823434740.USD","FXL","LU2290526834.HKD","LU2473716301.USD","ARTY","IE00BMPRXR70.SGD","LU2931357623.SGD","LU2458330243.SGD","IE0004086264.USD","LU1823568750.SGD","XNTK"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2660336672","title":"NASDAQ Top and Bottom Performing Stocks at About 11:01 A.m. EDT on 2026-08-20","url":"https://stock-news.laohu8.com/highlight/detail?id=2660336672","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660336672?lang=en_us&edition=fundamental","pubTime":"2026-08-20 23:01","pubTimestamp":1787238067,"startTime":"0","endTime":"0","summary":"BUZZ - Nasdaq top and bottom performing stocks at about 11:01 a.m. EDT on 2026-08-20Nasdaq 100.NDXTop PerformersPercent ChangeStrategy IncMSTR.OQ+5.4%Lumentum Holdings Inc.LITE.OQ+4.4%Seagate Technology Holdings PLCSTX.OQ+3.8%Marvell Technology, Inc.MRVL.OQ+3.3%Diamondback Energy, Inc.FANG.OQ+2.9%Bottom PerformersPercent ChangeWalmart IncWMT.OQ-9.6%Space Exploration Technologies CorpSPCX.OQ-4.8%Alnylam Pharmaceuticals, Inc.ALNY.OQ-3.6%CrowdStrike Holdings, Inc.CRWD.OQ-3.2%Tesla IncTSLA.OQ-3.0%The Nasdaq 100.NDXlost 109.43 points, or 0.37%, to 29,316.59 and recorded one new high and no new lows. 51 stocks rose and 50 fell as advancing issues outnumbered decliners by a about a 1-to-1 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Webull reported overnight higher Q2 non-GAAP operating net income and revenue.Nebius Group  advanced by 1.7% in pre-bell activity, after a 9.9% fall at Wednesday's close.Sandisk  was 1.3% higher in premarket hours, swinging from a 3.5% decline in the previous session.Micron Technology  was up 1% hours before market open, reversing a 0.4% drop Wednesday.Nvidia  was 0.5% higher premarket, swinging from a 1% decrease in the previous session.Reddit  advanced by 0.4% in pre-bell activity, after a 4.1% fall Wednesday.Moderna  fell 9% premarket, swinging from a 177% surge in the previous session.Marvell Technology  was 0.3% lower pre-bell, after closing Wednesday with a 9.9% 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Closing Bell | Unable to generate due to lack of news data","url":"https://stock-news.laohu8.com/highlight/detail?id=1172684683","media":"US Closing Bell","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1172684683?lang=en_us&edition=fundamental","pubTime":"2026-08-20 04:02","pubTimestamp":1787169757,"startTime":"0","endTime":"0","summary":"MarketAugust 20, U.S. stocks closed with modest gains across the board. 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