Marvell and Micron Emerge as Peter Lynch Favorites in AI Semis Rally

Latest market commentary spotlights Marvell and Micron as undervalued semiconductor plays Peter Lynch would love amid AI data-center boom. Marvell derives 70% of sales from data centers with 50% YoY segment growth and a 0.6x PEG ratio, while Micron boasts Q2 2026 revenue of $23.86B (up 196% YoY), 0.2x PEG, ~5x forward P/E, and sold-out 2026 HBM supply under long-term deals. Two articles today reinforce AI demand smoothing cycles for infrastructure chips, offering growth at value prices versus richly valued peers. This signals selective upside in the frothy sector.