Will Marvell and Pure Storage Ignite Momentum Following Credo Technology's Blowout Earnings?

The recent earnings report from Credo Technology Holdings (CRDO) sent a clear message to the stock market: the datacenter infrastructure trade remains very much alive. Credo’s strong performance has reignited investor interest in companies focused on AI datacenters and AI infrastructure. As Marvell Technology (MRVL) and Pure Storage (PSTG) prepare to release their earnings this Wednesday, many retail investors are watching closely to see if these reports will add fuel to the momentum sparked by Credo.

This post explores what Credo’s earnings mean for the broader sector, what to expect from Marvell and Pure Storage, and how other notable earnings from CrowdStrike (CRWD) and Salesforce (CRM) fit into the picture.

Credo Technology’s Earnings Set a High Bar

Credo Technology’s recent earnings report surprised many with its strong revenue growth and optimistic guidance. The company, which specializes in high-speed connectivity solutions for AI datacenters, showed that demand for AI infrastructure components remains robust despite broader market uncertainties.

Key highlights from Credo’s earnings include:

• Revenue growth exceeding analyst expectations by more than 15%

• Strong demand from hyperscale datacenter customers

• Positive outlook for AI infrastructure spending in the next quarters

  
  

This performance signals that companies supplying critical hardware for AI datacenters are benefiting from the ongoing AI boom. For retail investors, Credo’s results provide a useful benchmark when evaluating other stocks in the sector.

What to Watch in Marvell’s Earnings

Marvell Technology is a major player in semiconductor solutions for datacenter and AI infrastructure markets. Its products power networking, storage, and processing systems essential for AI workloads. Investors expect Marvell’s earnings to reflect the same tailwinds seen at Credo.

Here are some factors to consider when Marvell reports:

• Revenue from AI-related products: Growth here would confirm strong demand for AI infrastructure chips.

• Gross margin trends: Improving margins could indicate better pricing power or operational efficiency.

• Customer concentration: Updates on partnerships with cloud providers or hyperscalers will be important.

• Guidance for upcoming quarters: Investors will look for confidence in sustained AI infrastructure spending.

  
  

If Marvell delivers strong numbers and guidance, it could push the stock market’s AI datacenter trade higher, attracting more retail investors to the space.

Pure Storage’s Role in AI Infrastructure

Pure Storage focuses on data storage solutions, a critical component of AI datacenters. Efficient storage systems enable faster data access and processing, which is vital for AI applications. Pure Storage’s earnings will shed light on how the storage segment is performing amid AI infrastructure growth.

Key points to watch in Pure Storage’s earnings:

• Growth in AI-related storage sales: This would confirm that AI datacenters are driving demand.

• Customer wins and retention rates: Strong customer metrics suggest stable revenue streams.

• Innovation in storage technology: New products tailored for AI workloads could boost future growth.

• Profitability and cash flow: Healthy financials will reassure investors about Pure Storage’s long-term prospects.

  
  

Positive earnings from Pure Storage could complement Marvell’s report, reinforcing the idea that AI infrastructure spending is accelerating across multiple hardware segments.

Datacenter server rack powering AI infrastructure

Datacenter server rack powering AI infrastructure

Other Earnings to Keep on the Radar

While Marvell and Pure Storage are the main focus for AI infrastructure investors this week, earnings from CrowdStrike (CRWD) and Salesforce (CRM) also deserve attention.

• CrowdStrike (CRWD): As a cybersecurity company, CrowdStrike’s performance can indicate how much companies are investing in protecting AI datacenters and cloud environments. Strong earnings here may suggest increased spending on security in the AI infrastructure ecosystem.

  
  

• Salesforce (CRM): Salesforce’s cloud-based software services are increasingly integrated with AI tools. Their earnings could provide insight into AI adoption trends on the software side, complementing the hardware-focused reports from Credo, Marvell, and Pure Storage.

  
  

Together, these earnings paint a broader picture of how AI is influencing different parts of the tech sector and the stock market.

What This Means for Retail Investors

For retail investors, the key takeaway is that AI datacenters and AI infrastructure remain a promising area within the stock market. Credo Technology’s blowout earnings have set a positive tone, but the upcoming reports from Marvell and Pure Storage will be critical to confirm if this momentum can continue.

Here are some practical points for investors to consider:

• Watch earnings surprises and guidance closely: Companies beating expectations and raising forecasts often see strong stock price reactions.

• Focus on AI-related revenue segments: Growth in these areas signals real demand from datacenter customers.

• Consider diversification within the sector: Hardware, storage, and cybersecurity all play roles in AI infrastructure.

• Stay aware of broader market conditions: Even strong earnings can be overshadowed by macroeconomic factors.

  
  

By paying attention to these factors, retail investors can make more informed decisions about their exposure to AI datacenter stocks.