1 Can't-Miss Artificial Intelligence (AI) Stock to Buy With $100 Right Now

By Adam Levy – Mar 18, 2026 at 10:45AM ESTKey PointsMarvell Technology makes several important components for AI data centers.It works closely with the major U.S. hyperscalers on custom chips and more.It's growing quickly, but the stock trades at an incredible value right now.The major U.S. hyperscalers are set to spend over $700 billion on capital expenditures in 2026. The majority of that spending will go toward outfitting data centers with server racks full of GPUs, CPUs, and networking equipment to connect it all together. That means a handful of chipmakers are set to see strong demand for their products. The market has bid up the prices of many semiconductor stocks, but one company still looks like an absolute bargain despite its excellent outlook over the next couple of years. And investors can buy stock with just $100 right now. Here's why you should take a closer look at Marvell Technology (MRVL 1.93%). Image source: Getty Images. Putting fears to rest Marvell is a leading chipmaker, specializing in networking chips. Fast networking equipment is essential for getting the most out of expensive GPUs in AI data centers. Marvell also has a burgeoning business designing custom AI accelerators, or XPUs, which can be more cost-effective resources for AI training and inference. Marvell is the company behind Microsoft's Maia chips and Amazon's Trainium and Inferentia chips. However, the company saw its share price decline over the past few months amid investor concerns about the future of its XPU business. Reports surfaced last year that Microsoft is working with another chipmaker on its Maia 300 chips, and Amazon reportedly went with AIchip's design for its next-generation Trainium chip rather than Marvell. That led many to expect the company's top-line growth to slow. Management put those fears to rest with its fourth-quarter earnings report. It expects revenue related to its custom silicon business to double year over year in fiscal 2027. That stems from continued growth with existing customers, management said, as well as growth in custom companion chips for those AI accelerators providing networking, memory expansion, and storage security. ExpandNASDAQ: MRVLMarvell TechnologyToday's Change(-1.93%) $-1.75Current Price$89.04Key Data PointsMarket Cap$79BDay's Range$88.11 - $92.0152wk Range$47.09 - $102.77Volume216KAvg Vol16MGross Margin50.10%Dividend Yield0.26% Importantly, management suggested its contract with its top XPU customer remains strong. CEO Matt Murphy said: We have purchase orders covering the entirety of this fiscal year for this next-generation program. In addition, we are expecting growth to continue in fiscal 2028 from this program. We are also deeply engaged on the follow-on generation of this XPU. So, the long-term outlook for the segment remains positive, anchored by its largest customer, which is believed to be Amazon. While the custom business gets a lot of attention considering how quickly it's growing, Marvell's networking chip business is also seeing booming demand from hyperscalers' data center buildouts. Indeed, Marvell's best-in-class chips are seeing growing demand as AI training and inference require low-latency networking equipment. Marvell's chips are best suited for the task. Overall, management provided guidance for this year's revenue of $11 billion, up 34% from last year. That's driven by strong growth in its data center segment, particularly in its interconnect chips. Management's fiscal 2028 guidance for $15 billion in revenue suggests year-over-year acceleration. It also said non-GAAP (generally accepted accounting principles) EPS would exceed $5 that year. With shares trading for about $90 as of this writing, investors can buy the stock for just 24 times analysts' earnings expectations for this year. That's an excellent price to pay for a company set to grow its top line at a mid-30% compound annual growth rate over the next few years and its bottom line even faster.Read NextMar 13, 2026 •By Harsh ChauhanPrediction: This Artificial Intelligence (AI) Stock Will Turn $10,000 Into $15,000 by the End of 2026Mar 13, 2026 •By Rick OrfordPrediction: Massive AI Infrastructure Growth Could Send Marvell Technology HigherMar 10, 2026 •By Geoffrey SeilerMarvell Technology Shares Jump on Strong AI Growth.

Is It Too Late to Buy the Stock?Mar 10, 2026 •By Jose NajarroMarvell Stock Investors Got Amazing News From Its CEOMar 6, 2026 •By Joe TenebrusoWhy Marvell Stock Soared TodayFeb 25, 2026 •By Harsh ChauhanPrediction: This Custom AI Chip Stock Will Outperform Nvidia in 2026About the AuthorAdam Levy is a contributing Motley Fool stock market analyst covering technology, consumer, and financial stocks and how policy, economic, and consumer trends shape personal finance, Social Security and retirement savings.

Before The Motley Fool, Adam was a financial advisor at Edward Jones. He studied finance and electrical engineering at Carnegie Mellon University.TMFnCaffeineX@admlvyStocks MentionedMarvell TechnologyNASDAQ: MRVL$88.95(-2.03%)-$1.84*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.