Marvell Technology shares surged to record highs following reports of talks with Google to develop custom AI chips, including a memory processing unit and a new TPU. The potential deal could help Google diversify beyond Broadcom, whose shares dipped nearly 2% amid the news. Marvell's stock has gained over 70% this year, while Nvidia recently invested $2 billion in the firm earlier in March.
Analysts are raising price targets for key players in the AI infrastructure race. Stifel bumped AMD's target to $320, citing record data center revenue of $5.38 billion in Q4 2025. Novanta also saw its consensus price target climb to $150, reflecting renewed investor interest after recent quarterly results.
Investment flows are increasingly concentrated in AI-focused ETFs and upstream decision-making layers. The Vanguard Mega Cap Growth ETF holds giants like Apple, Microsoft, Nvidia, and Amazon with a low 0.05% fee. Meanwhile, RAD Intel is scaling an intelligence layer to improve economics for brands, moving beyond simple tools to integrated decision support.
AI adoption is expanding into diverse sectors beyond enterprise hardware. Celebrities including Jennifer Aniston and Shay Mitchell invested in OneOff, an AI fashion app that raised $4 million. Small businesses are also ramping up, with nearly 96% of enterprise leaders planning to increase AI spending over the next year to drive ROI.
Key Takeaways
- Marvell shares hit record highs after reports of talks with Google to build custom AI chips, including a TPU and memory processing unit.
- AMD's data center segment generated record $5.38 billion in Q4 2025, prompting Stifel to raise its price target to $320.
- Novanta's analyst consensus price target increased to $150 following fresh views on upside potential.
- The Vanguard Mega Cap Growth ETF holds major tech stocks like Apple, Microsoft, Nvidia, and Amazon at a 0.05% expense ratio.
- Broadcom shares fell nearly 2% as investors weigh diversification options away from its dominance in the AI chip market.
- KeepZone AI, a Nexera subsidiary, acquired rights to an AI voice communication system for defense and emergency response teams.
- Celebrities Jennifer Aniston, Shay Mitchell, Quavo, and Aryna Sabalenka invested in AI fashion platform OneOff, which raised $4 million.
- Nearly 96% of enterprise leaders plan to increase AI investments over the next 12 months according to Lenovo data.
- RAD Intel is building an upstream decision layer to scale intelligence across multiple businesses and improve brand economics.
- Broadcom's XMAG ETF strategy highlights 140% returns over the past year with AI chip revenue up 106% year-over-year.
Marvell Stock Hits Record High on Google Chip Talks
Marvell Technology shares reached a record high on Monday after reports surfaced that the company is in talks with Google to develop custom AI chips. The potential deal could involve two new chips designed to run AI models more efficiently. Marvell shares have gained more than 70% since the start of the year, while Alphabet has added about 7% over the same period. Both companies did not respond to requests for comment regarding the deal.
Marvell Shares Jump 7% on Google AI Chip Deal Rumors
Marvell Technology shares jumped 7% in premarket trading on Monday following reports that Alphabet's Google is in talks to develop two new chips. The potential deal could include a memory processing unit and a new TPU built for running AI models. This move might signal Google's desire to diversify from Broadcom amid surging demand for chips as businesses seek alternatives to Nvidia. Marvell shares have gained about 64% so far this year after declining roughly 23% in 2025.
Marvell Stock Rises on Google Deal While Broadcom Falls
Marvell stock popped on Monday after reports indicated the firm is helping Google with two new AI chips. Top competitor Broadcom shares fell nearly 2% Monday, although the Google-Broadcom partnership remains strong. Marvell also saw a $2 billion investment from Nvidia in March as AI demand continues to surge. The potential deal could include a TPU as well as a memory processing unit according to The Information.
Marvell Stock Nearly Triples as Google Deal Talks Begin
Marvell Technology shares have nearly tripled in the past 12 months. Marvell stock rose Monday after a report it is in talks with Google about developing artificial-intelligence chips. That news is worrying for the search company's primary processor partner, Broadcom. The report suggests Marvell is positioning itself to compete more effectively in the AI chip market.
Stifel Raises AMD Target to $320 Amid AI Rally
Stifel raised its Advanced Micro Devices stock price target to $320 from $280 with a Buy rating. The analyst believes AI infrastructure demand will sustain growth momentum through 2026. AMD's Data Center segment generated a record $5.38 billion in Q4 2025, up 39% year-over-year. Stifel's revised target sits above the broader analyst consensus target of $291.52 among 37 analysts carrying a Buy rating on AMD shares.
Stifel Increases AMD Price Target to $320 for Buy
Stifel raised its Advanced Micro Devices stock price target to $320 from $280 with a Buy rating. The analyst bets AI infrastructure demand will sustain growth momentum through 2026. AMD's strong data center fundamentals and sub-1 PEG ratio suggest the market may still be underpricing the company's AI-driven growth trajectory. Shares are up roughly 28% year-to-date and recently touched a 52-week high.
Nexera Backs AI Tool to Reduce Radio Overload
Nexera Technologies subsidiary KeepZone AI entered a white label agreement to acquire rights to develop an AI-powered real-time voice communication decision support system. The platform will process multiple voice and radio channels, identify events, and provide real-time operational insights for defense and emergency response teams. Alon Dayan, Chief Executive Officer of KeepZone, stated the agreement marks a significant step in expanding operational capabilities.
Novanta Analyst Story Shifts with New Price Target
Novanta's analyst story has shifted with a new consensus price target of US$150, up from US$138. This updated target reflects fresh views after Q4 where analysts are weighing potential upside against risks. The model fair value remains at US$157. The recent quarterly results and strategic partnerships have sparked renewed interest in Novanta among investors.
Top Vanguard ETFs Offer Strong AI Exposure in 2026
AI is currently a favorite theme among investors, driving strong interest in companies tied to semiconductors, cloud computing, and software. Three Vanguard ETFs are focused on AI-driven technology stocks including the Vanguard Information Technology ETF and the Vanguard S &P 500 Growth ETF. The Vanguard Mega Cap Growth ETF holds major companies like Apple, Microsoft, Nvidia, and Amazon with a low expense ratio of 0.05%.
Celebrities Invest in AI Fashion App OneOff
Jennifer Aniston, Shay Mitchell, Quavo and Aryna Sabalenka have invested in OneOff, an AI-driven fashion platform that redefines personalized style discovery. The platform has raised $4 million in funding to date and features verified profiles from celebrities and influencers. OneOff cofounders Bobby Maylack and Emir Talu highlighted the AI fashion landscape estimated to grow from $2 billion to $26 billion by 2032.
AI Becomes Key Growth Driver for Small Businesses
New data from Lenovo reveals how businesses are escaping AI pilot purgatory with a laser focus on ROI. A survey of more than 3,000 enterprise leaders found that nearly 96 percent plan to increase AI investments over the next 12 months. Leaders at bridal design companies integrated AI into creative processes to visualize gown concepts before production. AI growth and security go hand in hand as businesses build hybrid AI architectures.
Investors Follow AI Trend as It Moves Upstream
Investors are starting to pay closer attention to companies building the decision layer behind the trillion-dollar marketing economy. RAD Intel is building this layer as a holding company to scale intelligence across multiple businesses. Brands working through RAD Intel's decision layer are seeing stronger performance and better economics. The market has moved beyond one-off AI tools to focus on intelligence built into decision-making processes.
Broadcom Surge Highlights XMAG AI Strategy
Broadcom's 140% surge shows XMAG investors get AI exposure without the Mag 7 trap. The Defiance Large Cap ex-Mag 7 ETF excludes Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta, and Tesla to provide diversification. Broadcom is XMAG's largest holding and has returned 140% over the past year with AI chip revenue growing 106% year-over-year. The fund launched in October 2024 and carries a 0.35% expense ratio.
Sources
- Google Deal Talks Send This AI Chip Designer's Stock to New Highs
- Marvell shares gain on report of deal talks with Google to develop two AI chips
- Marvell pops on report it will help Google with custom AI chips. Broadcom shares sink
- Marvell Stock Rises on Google Talks. What a Potential AI Chip Deal Means for Broadcom.
- Stifel Raises AMD Target to $320: Is the AI Chip Rally Just Getting Started?
- Stifel Raises AMD Target to $320: Is the AI Chip Rally Just Getting Started?
- Nexera backs AI tool to cut radio overload for emergency teams
- How Novanta (NOVT) Q4 Models And AI Partnerships Are Shifting The Investment Narrative
- 3 Best Vanguard ETFs for Strong AI Exposure in 2026
- Jennifer Aniston, Shay Mitchell Invest in AI Fashion App OneOff
- AI’s Next Act for Small Businesses: Going From Back-Office Sidekick to Key Growth Driver
- AI Is Moving Upstream—and Investors Are Following
- Broadcom's 140% Surge Shows XMAG Investors Get AI Exposure Without the Mag 7 Trap
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