With everyone focusing on Nvidia, JPMorgan likes this other chip stock reporting earnings this week

Nvidia isn't the only chipmaker to keep an eye out for — according to JPMorgan, which advised clients also monitor Marvell Technology . Analyst Harlan Sur reiterated his overweight rating on Marvell shares ahead of the company's earnings announcement Thursday afternoon. He holds a $90 price target on shares, which indicates 30.7% upside potential from Monday's close. JPMorgan sees second-quarter results and forward guidance coming in line with consensus forecasts.

Marvell's high-profile artificial intelligence application-specific integrated circuit programs should power its revenue recovery, per Sur. "We see the team's AI ASIC/Optical/ cloud/storage segments continuing to drive solid growth while current 5G/ enterprise businesses stabilize, and we believe the company continues to execute on its LT growth initiatives and should drive above-industry growth mid-/longer term," Sur wrote in a research note on Wednesday.

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