Arm vs Marvell

Arm CEO Confident $2B AI CPU Revenue Goal Achievable

Arm Holdings CEO Rene Haas told CNBC's Jim Cramer on September 16, 2026, that the company is increasingly confident it can meet Wall Street's $2 billion revenue target for its new in-house data center CPU, the AGI CPU. The demand for the chip has been strong, but investors have focused on Arm's ability to secure sufficient manufacturing capacity to convert that demand into revenue. Haas noted that confidence in achieving the $2 billion figure has grown from May to July and further strengthened by September. The AGI CPU marks a significant expansion of Arm's business model, moving from licensing chip designs to selling complete chips. Arm first disclosed $2 billion in demand in May, double its initial $1 billion outlook, but maintained a conservative official outlook until supply confidence improved. Shares have declined about 45% from their June high after a parabolic run earlier in the year.

• Arm Holdings CEO Rene Haas expressed increased confidence in meeting a $2 billion revenue goal for its AGI CPU data center chip.
• The $2 billion target is double the $1 billion demand Arm initially outlined in March 2026.
• Arm's stock fell 10% after maintaining a $1 billion revenue outlook due to supply concerns in May.

Arm introduces new AI-native compute platform built for agentic AI and mobile graphics

Arm unveils Arm AI Portal, expands AI infrastructure with AGI CPU and Neoverse CSS N4, and brings ecosystem together for physical AI.

Arm introduces new AI-native compute platform built for agentic AI and mobile graphics

Arm announced a new AI-native compute platform for agentic AI and mobile graphics, expanded AI infrastructure with AGI CPU and Neoverse CSS N4, and unveiled the Arm AI Portal to accelerate optimized AI apps.

Marvell CEO Says Trust Drives 241% Stock Surge

Marvell Technology CEO Matt Murphy credited trust with major technology companies for the chipmaker's 241% share price surge over the past year. In an interview with CNBC's Jim Cramer, Murphy highlighted Marvell's role as a neutral supplier ("Switzerland") in the AI ecosystem, providing custom silicon to all four major U.S. hyperscalers and optical connectivity products across the industry. The company announced partnerships with Nvidia in March and Google in August, and expects data center revenue to grow 60% in fiscal 2027. Murphy dismissed concerns about competition from Qualcomm's recent deal with Amazon.

• Marvell shares rose 241% over the past 12 months.
• Marvell signed a multi-year technology supply agreement with Google in August.
• Marvell partnered with Nvidia in March.

Top Wall Street Analysts Recommend Nvidia, Uber, Marvell for Long-Term Growth

Amid market volatility driven by high bond yields and Middle East tensions, top Wall Street analysts have highlighted three stocks for long-term investors. Morgan Stanley's Joseph Moore reiterated a buy on Nvidia after strong Q2 results and a robust FY28 revenue growth outlook of 70%. BMO Capital's Brian Pitz highlighted Uber's evolving autonomous vehicle strategy as a key growth driver. KeyBanc's John Vinh reaffirmed a buy on Marvell Technology, noting strong data center growth and AI networking demand, despite investor concerns over guidance. These recommendations are based on analysts tracked by TipRanks, a platform ranking analysts by past performance.

• Morgan Stanley analyst Joseph Moore raised Nvidia's price target to $300 from $288, citing a compelling product cycle and exceptional growth.
• Nvidia's FY28 revenue growth outlook is 70%, above consensus estimates of about 40%.
• BMO Capital analyst Brian Pitz reiterated a buy rating on Uber with a $119 price target, citing its autonomous vehicle strategy as a significant revenue driver.

Macquarie upgrades Broadcom stock, cites AI chip catalysts

Macquarie Equity Research upgraded semiconductor maker Broadcom from neutral to outperform, raising its price target to $490 from $437, implying 33% upside. Analyst Arthur Lai said the risk of Google insourcing its custom AI chips has played out and is now priced in after a July correction. Broadcom designs and supplies custom Tensor Processing Units for Google, but investors have worried about competition from Marvell Technology and Google's in-house chip efforts. Despite these concerns, Broadcom shares have fallen 23% over three months. The company recently reported better-than-expected fiscal Q3 results and issued a positive forecast. Lai also cited a 'better-than-expected AI capex plan, new customer win on AI accelerators, and market share gain/loss in AI ASIC projects' as potential catalysts.

• Macquarie Equity Research upgraded Broadcom to outperform from neutral.
• Price target raised to $490 from $437, implying 33% upside.
• Broadcom shares fell 23% over past three months.