“AI Agent E-Comm "Disruption," and Agent CPU Demand Is Helping Intel Turn Its Business Around”
Marvell benefits from ASIC demand, but valuation is stretched with growth priced in; requires revenue doubling in next few years to justify current price.
But one of the big underrated competitors to the traditional CPU market are ASICs, IP provided by companies like Broadcom, Marvell, now MediaTek and Alchip in Taiwan.