About Marvell Technology, Inc. - Common Stock (MRVL)
Marvell Technology Inc is a global semiconductor company that specializes in designing and manufacturing innovative solutions for data infrastructure. The company focuses on providing a wide range of products, including integrated circuits and system-on-chip solutions, that cater to applications in networking, storage, and processing. Marvell's technology enables efficient data transmission and storage, supporting various industries such as telecommunications, computing, and automotive. By leveraging advanced technologies, Marvell aims to drive the performance and efficiency of data centers and enterprise networks, while also contributing to the evolution of connected devices and smart technologies. Read More
Ferric, Inc., a leader in cutting-edge power conversion solutions, announced its collaboration with Marvell Technology, Inc. (NASDAQ: MRVL) to develop optimized integrated power solutions for Marvell® custom silicon platforms, designed to improve performance, efficiency and return on investment (ROI) for AI and cloud infrastructure.
With the AI infrastructure buildout in full swing, here are 3 semiconductor stocks well-positioned to grow significantly as revenue and earnings increase
Marvell's stock surged after new AI chip deals prompted a wave of institutional buying and a series of validating price target increases from analysts.
Semiconductor chip stocks, including Nvidia, Broadcom, TSMC, Intel, Arm, Marvell are down due to the end of waivers for chipmakers to send tech to China.
Marvell Technology has gotten torched over the last six months - since December 2024, its stock price has dropped 30.9% to $75.35 per share. This may have investors wondering how to approach the situation.
Marvell reportedly announced several updates at its custom AI silicon event – the company raised its total addressable market (TAM) estimate to $94 billion by 2028, up by 26% from its previous forecast.
Shares of networking chips designer Marvell Technology (NASDAQ: MRVL)
jumped 8.7% in the morning session after the company announced a breakthrough in making chips for Artificial Intelligence (AI), revealing the industry's first 2nm custom Static Random Access Memory (SRAM - tiny computer memory). Think of it as making the brain of AI chips much faster and less power-hungry, which is a huge deal for companies building massive AI systems.
Marvell Technology Inc (NASDAQ:MRVL) shares are surging Wednesday after multiple analysts reiterated positive ratings following the company's custom AI investor event.
