Santa Clara, California, USA – Headquarters of Marvell Technology Group. HSBC stated that despite a significant rise in Marvell Technology's stock price, investors continue to underestimate the company's growth potential in the field of artificial intelligence. Analyst Frank Lee at the bank upgraded the investment rating for Marvell Technology from Hold to Buy. Marvell is a fabless semiconductor company, and the analyst is optimistic about its revenue growth prospects in optical interconnect and CXL high-speed interconnect businesses. The industry is currently undergoing a comprehensive shift toward optical communication. Marvell has developed corresponding digital signal processors for this transition and will continue to benefit from the global wave of artificial intelligence infrastructure construction. The company also provides CXL switches, enabling seamless memory sharing in data centers. The analyst significantly raised the stock's price target from the previous $85 to $300, representing a potential upside of over 50% from last Friday's closing price. The stock rose 3% on Tuesday and has accumulated a year-to-date gain of 138%.