Marvell Technology and The Trade Desk: Driving Growth with Artificial Intelligence
Friday, 8 March 2024, 10:15
Marvell Technology - Seizing AI Opportunities
Overview
- Revenue Growth Potential: Marvell's AI business is thriving, with expectations of hitting $1 billion in revenue in fiscal 2025.
- Market Share Advantage: Market projections indicate Marvell is well-placed to benefit from the growth in the advanced ASIC market.
Marvell's revenue is expected to grow by double digits in the coming years, possibly surpassing $7.31 billion in fiscal 2026. The company's AI-driven growth could result in significant market cap gains.
The Trade Desk - AI in Digital Advertising
- Market Potential: The Trade Desk aims to be a leader in ad tech AI, enhancing advertisers' targeting capabilities for better results.
- Revenue Growth: The Trade Desk has seen impressive revenue growth above industry averages and has the potential for further acceleration.
With a forecasted jump in revenue to $3.57 billion by 2026, The Trade Desk could see substantial market cap growth, offering investors an attractive opportunity.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.