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Marvell

All articles tagged with #marvell

technology11 days ago•12 min saved

NVIDIA and Marvell Ink NVLink Fusion Deal to Scale AI Infrastructure

NVIDIA and Marvell announced a strategic partnership to connect Marvell to NVIDIA’s AI factory and AI-RAN ecosystem via NVLink Fusion, enabling a heterogeneous, rack-scale AI infrastructure. Marvell will supply custom XPUs and NVLink Fusion-compatible scale-up networking; NVIDIA will provide Vera CPU, ConnectX NICs, Bluefield DPUs, NVLink interconnect and Spectrum-X switches, and NVIDIA has invested $2 billion in Marvell. The collaboration aims to accelerate AI workloads and transform telecom networks into AI infrastructure, including AI-RAN for 5G/6G and related optical interconnect innovations.

via NVIDIA Newsroom|

#ai-infrastructure #custom-xpus #marvell

technology3 months ago•6 min saved

Marvell's Acquisition of XConn Boosts AI Data Center Connectivity Leadership

Marvell is acquiring XConn Technologies to expand its AI data center connectivity solutions, adding advanced PCIe and CXL switching silicon, and strengthening its UALink scale-up switch team to support next-generation AI workloads and data center infrastructure.

via Marvell Technology|

#ai-data-center #cxl #marvell

business4 months ago•3 min saved

Marvell Stock Surges on Earnings and $3.25 Billion Celestial AI Acquisition

Marvell Technology's stock surged over 10% after reporting strong quarterly earnings, a positive data center growth forecast, and announcing the acquisition of chip startup Celestial AI, signaling a focus on expanding its presence in the AI and data center markets.

via Investor's Business Daily|

#business #celestial-ai #chip-technology

technology4 months ago•9 min saved

Marvell's $3.25 Billion Acquisition of Celestial AI Boosts AI and Data Center Growth

Marvell is acquiring Celestial AI to enhance its optical interconnect technology for next-generation AI and data center infrastructure, aiming to lead the shift from electrical to optical connections within data centers, with expected revenue contributions starting in 2028.

via Marvell Technology|

#ai-infrastructure #celestial-ai #data-centers

business7 months ago•3 min saved

Marvell Stock: Despite Mixed Results, Analysts See Long-Term Upside

Marvell's stock declined after mixed quarterly results, with revenue slightly below expectations but earnings forecasted to improve. Despite concerns over data center growth and recent auto business sale, top analyst Harsh Kumar maintains a bullish outlook with a $85 target, citing potential upside and a strong consensus rating of 'Strong Buy.'

via TipRanks|

#business #data-center #investment

business7 months ago•2 min saved

Marvell Stock Drops Amid Disappointing Data Center Revenue and Growth Outlook

Marvell Technology's stock declined after its strong second-quarter results were overshadowed by cautious third-quarter guidance, leading Wall Street to revise down its near-term growth forecasts amid mixed signals of ongoing demand in AI and enterprise markets.

via Yahoo Finance|

#ai-demand #business #growth-prospects

business7 months ago•2 min saved

Marvell Shares Drop 16% on Disappointing Data Center Revenue and Outlook

Marvell's stock dropped 16% after its data center revenue and future guidance fell short of expectations, despite a record revenue increase driven by AI demand, with concerns about growth prospects and lack of clarity on new customer pipeline affecting investor confidence.

via CNBC|

#ai-chips #business #data-center-revenue

business7 months ago•2 min saved

Marvell Stock Declines Amid Disappointing Forecasts and Strong Data Center Growth

Marvell Technology reported strong earnings but issued a sales forecast below Wall Street expectations, leading to an 8% drop in after-hours trading. The company highlighted increased demand for AI and enterprise networking products, but investors reacted to the sales outlook, causing the stock to decline despite recent gains.

via Investor's Business Daily|

#ai-demand #business #marvell

business7 months ago•2 min saved

Marvell Stock Declines Amid Disappointing Q2 Earnings and Outlook

Marvell's stock declined after its Q2 earnings report fell short of expectations, leading to a decrease in investor confidence and a drop in share price.

via TipRanks|

#business #earnings #marvell

business10 months ago•2 min saved

Marvell Stock Declines Despite Strong AI Chip Demand and Earnings

Marvell Technology's stock has declined significantly this year, but analysts see potential value due to its involvement in AI chip design for major clients like Amazon and Microsoft. Despite concerns over its market share and growth compared to Nvidia, Marvell's progress with custom AI hardware and upcoming events could boost investor confidence and valuation.

via Barron's|

#ai-chips #amazon #business

business10 months ago•2 min saved

Marvell's AI Focus and Growth Outlook Drive Stock Performance

Marvell Technology reported solid Q1 earnings with revenue of $1.90 billion and adjusted EPS of 62 cents, slightly beating expectations, driven by strong data center segment growth. Despite the positive results, its stock fell 2.3% after hours as the company faces industry headwinds and a challenging stock performance in 2025, with a focus on the shift towards custom chips by hyperscalers and tech giants.

via Barron's|

#ai-hardware #business #chip-industry

financetechnology2 years ago•2 min saved

"Bank of America's Top AI Stock Picks Beyond Nvidia: Micron, Marvell, AMD"

Bank of America analysts have identified Marvell, Micron, and AMD as potential beneficiaries of the growing demand for AI technology. Micron's price target was raised due to the potential of high bandwidth memory (HBM) products, crucial for AI applications. The analysts expect HBM demand to grow significantly, and they believe Micron could expand its market share in this area. Additionally, reports of Microsoft and OpenAI planning a massive investment in a data center for AI software have also contributed to the positive sentiment in the chip-making industry.

via Yahoo Finance|

#ai #amd #bank-of-america

technology2 years ago•0 min saved

Citi Advises Selling Two Chip Stocks Despite Nvidia and Marvell's Success

Citi has downgraded two specialty-semiconductor stocks due to competition fears, but maintains a Buy rating for Nvidia and Marvell.

via Barron's|

#chip-stocks #competition-fears #downgrade

business2 years ago•1 min saved

"Stocks to Watch: Affirm, Gap, Marvell, Nordstrom, Autodesk, Dollar Tree, Nvidia, Petco"

Affirm's stock rose 10.8% after reporting better-than-expected quarterly results, with improved credit results and accelerated growth. Nordstrom's shares fell nearly 4% despite beating earnings and revenue expectations, as sales declined from the previous year. Gap's stock rose almost 2% despite mixed quarterly results, with adjusted earnings beating estimates but revenue falling short. Marvell's shares dropped over 5% despite surpassing Wall Street's estimates for earnings and revenue. Ulta Beauty's stock gained over 2% after reporting better-than-expected second-quarter results and raising its full-year forecast. Intuit's shares fell over 2% despite beating earnings expectations, as its revenue guidance for the current quarter fell below estimates. Workday's stock jumped 4% after posting a beat on the top and bottom lines in the second quarter and raising its fiscal 2024 subscription revenue forecast.

via CNBC|

#affirm #business #gap

business2 years ago•0 min saved

Top Analysts' Insights on Market Consensus, Data Companies, Fed Confidence, and Discounted Stocks

Analysts have issued calls on several major companies, including Apple, Marvell, Microsoft, Target, RH, Costco, and Amazon. The calls cover a range of topics, from earnings expectations to potential market share gains.

via CNBC|

#apple #business #marvell