# Marvell Technology (MRVL) is up today in midday trading at $108.86.

*business · news · 2026-04-06 · Barchart*

## Key points

- Nvidia has invested $2 billion in Marvell Technology to deepen their AI collaboration.
- Marvell management raised FY 2028 revenue guidance to nearly $15 billion, up from previous estimates.
- Unusual volume of in-the-money MRVL put options traded at a $110 strike, nearly 25x previous open interest.
- Selling these ITM puts yields nearly 8% in 39 days, offering a high-return strategy for investors.
- Analyst price targets for MRVL have increased, with some projecting up to $192.25 by FY 2028.

**Companies:** Nvidia Inc., Marvell Technology

[Read the full story on Barchart](https://www.barchart.com/story/news/1162175/marvell-technology-stock-surges-on-nvidia-investment-sparking-huge-unusual-options-trades)

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