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We recently published Jim Cramer Discussed AI "Mojo" & Commented On These 13 Stocks. Marvell Technology, Inc. (NASDAQ:MRVL) is one of the stocks discussed by Jim Cramer.

Marvell Technology, Inc. (NASDAQ:MRVL) is a semiconductor design company. Its shares are up by a strong 168% over the past year and by 55% year-to-date. Benchmark kept a Buy rating and a $130 share price target on Marvell Technology, Inc. (NASDAQ:MRVL) on April 1st. The coverage followed the chip company’s latest partnership with NVIDIA, with Benchmark commenting that the deal will improve the links between the two firms’ products. Barclays bumped Marvell Technology, Inc. (NASDAQ:MRVL)’s share price target to $150 from $105 and upgraded the rating to Overweight from Equal Weight on April 9th. Barclays remarked that the firm’s optical and ports businesses were performing well. Cramer discussed Marvell Technology, Inc. (NASDAQ:MRVL) in the context of the data center industry and also mentioned the firm’s optical business:

“I want to talk about like a stock that was good and then became unbelievable, Carl. Marvell Technologies. Okay so, MRVL, you look at what Matt Murphy put together. He bought an optical company for very little money. He had a networking business that was pretty good. Matt was, maligned, maligned by some news organizations and some brokers about how whether he had lost some key contracts. It was untrue and if anything, he’s gaining contracts. So when you go into the data center, every time we go into the data center, we discover a new one that is a winner. And Marvell, hardware stock, Matt is a very, he came on my show and he just said, listen, when the stock was at 70, bought a lot of stock.”

While we acknowledge the potential of MRVL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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