AI-related jitters have crept into the market lately, with worries about overextended valuations and whether the huge spending behind AI will ultimately generate returns that justify the hype, prompting a bumpier tone in tech trading. Ultimately, the broader indexes haven’t fallen much, but day-to-day swings have picked up as investors debate whether parts of the AI trade moved too far, too fast. Recent pullbacks in several high-profile AI names have added to the unease, feeding talk of a potential bubble and keeping sentiment on edge as the year winds down.
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Still, some of the biggest AI infrastructure names continue to post strong results, forcing investors to reassess whether this is an overreaction or simply growing pains in a long-term transformation.
A broad market analysis from J.P. Morgan Wealth Management captures the moment clearly: “Despite persistent skepticism, the fundamentals behind AI infrastructure and innovation remain strong. Nvidia and Google’s results reinforce the sector’s staying power, but investors should remain mindful of ongoing questions about profitability and sustainability as the market continues to evolve… Disciplined investing is crucial to avoid speculative risks.”
And discipline is exactly the stance JPM’s analysts are taking. Building on that view, they’re calling out two tech stocks they see as well-positioned from here. We’ve used the TipRanks data to see what’s driving that conviction. Let’s dive in.
Marvell Technology (MRVL)
We’ll start in the world of semiconductor chips, data centers, and networking tech, with Marvell Technology. This company is considered a mid-tier player in the digital infrastructure industry, operating on a far smaller scale than the multi-trillion-dollar giants like Nvidia and Broadcom, but even so, Marvell still boasts a market cap of $72 billion and generated $5.77 billion in revenue in its fiscal year 2025.
In Marvell’s core business, the company is known for producing high-quality, custom XPUs, CPUs, and DPUs – all essential components of high-end AI- and cloud-computing data center tech. These are complemented by a range of Ethernet and data center switches, and electrical and optical connectivity devices capable of connecting racks, rows, and servers at all scales.
Marvell also produces network and connectivity solutions at enterprise scale, the very tech needed to keep businesses connected to the digital world. The company’s enterprise connectivity solutions are designed to enable mobility and cloud computing, promoting the idea of a ‘borderless campus,’ a connected business that is not confined by the limits of a brick-and-mortar presence.
