However, I would not chase the stock purely because guidance was raised. At around US$287, expectations are already high, so I want to see actual customer orders, revenue growth and margins catching up. Guidance is encouraging, but execution matters more.
Personally, I remain bullish on AI semiconductors, but I would rather accumulate on meaningful pullbacks than FOMO after a strong rally. If Marvell keeps raising guidance and delivers the revenue, I think the long-term story remains attractive.
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