Rosenblatt and Needham both raised price forecasts on Marvell Technology (MRVL) to $300 following fiscal Q2 results and an upgraded revenue outlook driven by data center demand.

Marvell Technology to release Q2 earnings on Aug. 27. Analysts expect earnings of $0.93/share and revenue of $2.71 billion.

Aug 27 : Marvell Technology failed to provide a meaningful increase to its long-term revenue outlook despite signing a major new AI chip agreement with Google, disappointing…