Semis
Nvidia CEO Jensen Huang told Asia that the company remains supply constrained, reinforcing that demand for AI compute continues to outpace production capacity. This supply constraint narrative keeps pricing power intact and supports both NVDA and adjacent beneficiaries like MRVL, but insider selling and already-crowded SB consensus cap the upside case.
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Angle
↔ PAIR+8% target-5% stop2-4 weeks
Buy MRVL over NVDA here — Jensen's endorsement + AI networking tailwinds give MRVL fresh momentum while NVDA's insider selling and stretched consensus make it the less clean long.