Buy MRVL by Oct 29, 2026.

Increased capex won’t help anymore. The ceiling is here. SK hynix, Samsung, and Kioxia all missed earnings. Yes, the earnings expectations were ridiculous, but that’s also what gave memory stocks these ridiculous valuations in the first place. At this point, strong AI capex is already expected. It doesn’t matter as much anymore unless memory companies keep beating those extreme expectations. The next play is optics. I hold 500 shares of MRVL. SanDisk went from 8% green to -4% while MRVL …