Koopmans Chris sold $2.0M of MRVL (indirect holdings)

Taiwan Semiconductor (TSM) and Marvell (MRVL) reported strong earnings, positioning them as key players in AI infrastructure. TSM's Q2 2026 revenue rose 36% YoY to $40.2B, with advanced nodes driving 77% of wafer revenue. MRVL's Q2 2027 revenue increased 36.5% YoY to $2.74B, with data center revenue up 46% YoY. Both companies are seen as essential for AI development, with TSM benefiting from broad industry demand and MRVL tied to hyperscaler custom silicon cycles.

Taiwan Semiconductor (TSM) and Marvell (MRVL) reported strong earnings, with TSM posting $40.20B revenue and $4.31 EPS, while MRVL saw 36.5% revenue growth and 46% data center revenue increase. TSM's advanced nodes drove 77% of wafer revenue, and MRVL's custom silicon business is expected to double by fiscal 2028. Both companies are key players in AI infrastructure.

Marvell Technology (MRVL) shares have fallen 36% from their all-time high, trading at $213.33 in pre-market. Despite a 226% gain over the past year, the stock dropped 7.9% post-earnings due to margin compression concerns and deferred long-term guidance. The company reported Q2 revenue of $2.74B (+37% YoY) and raised FY2027 guidance to ~$12B. Analysts remain bullish, with targets up to $400, but bears cite margin pressures and potential AI capex slowdowns. Investor Day in October is a key catalys

Marvell Technology (MRVL) shares fell 8.2% premarket after Q2 results, despite a new AI chip deal with Google. Analysts highlighted its blue-chip customers and diversified portfolio as growth drivers. Morningstar raised its price target to $300, while Goldman Sachs maintained a 'Neutral' rating with a $195 target. MRVL reported $2.74B in sales, up 37%, and raised fiscal 2028 sales guidance to $18B.

Marvell Technology (MRVL) shares surged 17% after Nvidia CEO Jensen Huang called it the 'next trillion-dollar company' at Computex. MRVL's data center business drives 76% of revenue, and it raised fiscal 2027-2028 expectations. Nvidia invested $2B in MRVL in March. MRVL's market cap is $192B, up 160% YTD.

Broadcom (AVGO) fell 6% after guiding Q4 revenue at $34.8B, missing estimates, and reporting a gross margin decline to 73%. NVIDIA (NVDA) rose 1% on AI demand confirmation, while AMD (AMD) dropped 2% on margin concerns. Broadcom's AI revenue surged 221% YoY to $16.7B, comprising 56% of total revenue.