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Melius Research Cuts Nvidia Target to $315 and Marvell to $300

The Nvidia reduction was $105, or 25%. Marvell Technology’s target fell by $145, about 33%.

Two unmarked semiconductor packages sit on descending graphite steps / TokenPost.ai
Two unmarked semiconductor packages sit on descending graphite steps / TokenPost.ai

Melius Research lowered its price targets for Nvidia and Marvell Technology, setting them at $315 and $300, respectively.

Nvidia’s target fell by $105 from $420, a 25% reduction. Marvell’s dropped by $145 from $445, or about 33%.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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