5 Best Performing Quantum Computing Stocks So Far in 2026 - Insider Monkey

Share << Prev Page 3 of 5 Next >> See All 3. Marvell Technology, Inc. (NASDAQ:MRVL) Year-to-date return as of May 19: 97.19% On May 21, Citi lifted its price target on Marvell Technology, Inc. (NASDAQ:MRVL) to $215 from $118. The firm also retained a “Buy” rating on the shares ahead of the May 27 earnings report, noting solid earnings expectations and sustained demand for Trainium 2 ASICs. Citi said demand remains high, leading to sustained strength in custom AI silicon, as the firm upgraded its projections. Separately, on April 22, Marvell Technology, Inc. (NASDAQ:MRVL)  announced the acquisition of Polariton Technologies. The company added plasmonics-based silicon photonics to its portfolio, targeting higher bandwidth and power efficiency in next-generation optical interconnects. The deal plans to support scaling toward 3.2T and beyond as AI workloads drive data center demand. President Data Center Group Marvell Technology, Inc. (NASDAQ:MRVL) Sandeep Bharathi said the acquisition “extends our optical roadmap.” He added that it strengthens the corporation’s position in high-speed connectivity for evolving cloud and AI infrastructure. Marvell Technology, Inc. (NASDAQ:MRVL) works in the design, manufacturing, and sale of integrated circuits. It works in the United States, Singapore, Israel, India, China, and Others segments. Share << Prev Page 3 of 5 Next >> See All Related Insider Monkey Articles Salesforce (CRM) Announces Major Expansion of Agent Fabric Multi-Vendor AI... Upstart (UPST) Appoints Tim Wennes to Board of Directors, Succeeding Jeff Huber... DoubleVerify (DV) Launches AI-Powered Pre-Screen Content Controls on Meta (... Adobe (ADBE) Launches Brand Visibility Solution to Optimize Digital Channels... UiPath (PATH), Deloitte Expand Collaboration to Integrate Test Cloud Into Ascend... Baidu (BIDU) Reports Q1 2026 Revenue of RMB 32.1B as Core AI Business Drives...