Key insights
- The author expresses a bearish outlook on the overall market but is bullish on MRVL due to news of NVDA's $2B investment and potential technology merger via NVLink. The author anticipates a significant price increase in MRVL, similar to other companies NVDA has invested in. The author bought MRVL at $97 and encourages others to buy.
listen dorks and degenerates.
im still bearish on the market overall for now. Unemployment numbers get released tomorrow, and the sahm rule could be triggered depending on the numbers.
(see my previous post for more on that)
but i bought MRVL as soon as I heard the news that NVDA bought 2B in the company and is working to merge their technologies together through NVlink.
I only did basic research on the company before i bought it, but what i see looks sexy. so so sexy... mmmmm....
everything NVDA buys into makes the stock go insane. like 500%+ and i missed all of them... so hopefully this is the one for me.
this company is a semiconductor manufacturer in santa clara california. already very pprofitable.makes custom chips, whatever that means.
tell me things I don't know about it if you know anything interesting.
otherwise buy it.
that is all.
in at 97. and change