Cipher Digital
Cipher Digital (CIFR +3.90%) builds artificial intelligence (AI) data centers for hyperscalers that need additional capacity. It relies on a co-location model, which means Cipher Digital provides the facilities and power, while its tenants are responsible for bringing their own chips.
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NASDAQ: CIFR
Cipher Digital
Premium Feature
Moneyball Superscore
68/100
Today’s Change
(3.90%) $0.57
Current Price
$15.18
Key Data Points
Market Cap
$6.3BMarket cap calculated using publicly traded s outstanding only. Does not include unlisted, private, or dual-class non-traded s. Implied market cap may vary.
Day’s Range
$14.18 – $15.33
52wk Range
$7.08 – $30.14
Volume
41.8K
Avg Vol
29.4M
Gross Margin
-8842.71%
This arrangement reduces the size of Cipher Digital’s revenues, but it also reduces the company’s overhead. Furthermore, when AI processors become obsolete because newer versions have come out, or because they’ve simply reached the end of their useful lives, the costs of replacing them do not fall on Cipher Digital.
The company has signed multiple long-term deals with hyperscalers. Cipher Digital began delivering data center capacity at its Black Pearl site in August, which was two months ahead of schedule. Its average contracted net operating income is projected to jump substantially from $97 million this year to $686 million next year.
Cipher Digital is targeting a 5.2 gigawatt (GW) portfolio by 2030. As Cipher Digital brings more of its data center sites online, its revenue should compound quickly. It has had no issue with securing deals, especially as demand for AI compute continues to accelerate.
Marvell Technology
Marvell Technology (MRVL -1.86%) first got people’s attention when Nvidia CEO Jensen Huang predicted that it would be the next $1 trillion company. That remark brought more attention to the stock, which has more than doubled this year.
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NASDAQ: MRVL
Marvell Technology
Premium Feature
Moneyball Superscore
90/100
Today’s Change
(-1.86%) $-3.91
Current Price
$206.48
Key Data Points
Market Cap
$181BMarket cap calculated using publicly traded s outstanding only. Does not include unlisted, private, or dual-class non-traded s. Implied market cap may vary.
Day’s Range
$203.50 – $208.49
52wk Range
$61.44 – $329.88
Volume
134K
Avg Vol
38.3M
Gross Margin
51.42%
Dividend Yield
0.12%
Marvell Technology specializes in AI networking products and application-specific integrated circuits (ASICs). ASICs are powerful custom chips designed for a narrow range of workloads, but they have become a more important part of AI infrastructure as tech giants seek ways to improve efficiency and lower costs. Broadcom (AVGO -0.66%) has dominated this space, but Marvell’s $120 billion chip-design deal with Alphabet (GOOG +0.53%) (GOOGL +0.63%) demonstrates how quickly it is gaining ground.
Its s are actually down since Marvell Technology announced that deal, as investors wanted the revenue to arrive right away. The bulk of that revenue will start to show up in Marvell Technology’s fiscal 2029. Meanwhile, it recently reported its fiscal 2027 second-quarter results, which showcased a 37% year-over-year revenue jump.
Management also guided for fiscal 2027 Q3 revenue of $3.15 billion at the midpoint. That would be a 52% year-over-year increase. All of this growth is taking place without the money from the Alphabet deal. When revenue finally materializes from that megacontract, the stock may continue to rally toward new highs.
Fortinet
Fortinet (FTNT -4.52%) is benefiting from a multiyear tailwind. As AI agents proliferate the digital world, organizations’ cybersecurity needs will increase. AI will increase the number of vulnerable points, and this same technology also makes it easier for hackers to infiltrate online systems.
Investors have been connecting the dots, which is one reason Fortinet s have more than doubled this year. Fundamentals remain strong, with 26% year-over-year revenue growth in Q2 being one of the main highlights of its latest report. Fortinet also raised its guidance for the year. A solid base of more than 900,000 lifetime customers offers Fortinet meaningful growth potential as more businesses use AI and end up needing additional cybersecurity protections.
Fortinet’s valuation has increased a bit due to the run-up. The stock has long-term tailwinds, but it may be on the verge of a near-term correction that could lead to a more attractive entry point.
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About the Author
Marc Guberti is a Certified Personal Finance Counselor and has been a contributing Motley Fool stock market analyst since 2025. He has written for several finance publications. Marc graduated from Fordham University with a finance degree. He is an avid marathon runner who aims to complete more than 100 marathons in his lifetime. His fastest marathon time is 2:40.
Stocks Mentioned

Marvell Technology
NASDAQ: MRVL
$206.48
(-1.86%)-$3.91
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Motley Fool Stock Advisor’s Latest Pick
—% Avg Return

Fortinet
NASDAQ: FTNT
$154.54
(-4.52%)-$7.31

Cipher Digital
NASDAQ: CIFR
$15.18
(+3.90%)+$0.57
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Sumber Artikel:
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