[Wall Street Investment Bank Stifel Significantly Raises MRVL Price Target to $321] BlockBeats News, June 3: Wall Street investment bank Stifel, in its latest research report, has raised its evaluation of Marvell Technology (MRVL). Analyst Tore Svanberg significantly increased the price target from $230 to $321, maintaining a Buy rating. The analyst stated that Marvell CEO Matt Murphy's keynote speech at COMPUTEX 2026, titled *The Future of AI Depends on Connectivity*, 'basically aligned with previously disclosed information,' but the high-profile event has significantly enhanced market recognition of Marvell's position within the data center and AI ecosystem. The analyst emphasized Marvell's leading presence in areas such as AI data center optical interconnect, silicon photonics, custom silicon (custom silicon/XPU), and switches (e.g., the 102.4 Tbps Teralynx T100), which are the 'biggest bottlenecks after computing power' in the GPU scale-up era. The deep collaboration with NVIDIA on NVLink Fusion (with NVIDIA having previously made a $2 billion strategic investment) has been further amplified by the market, serving as a strong validation of Marvell's long-term growth narrative. [Original Link]