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Marvell Technology Inc - MRVL STOCK NEWS

Welcome to our dedicated news page for Marvell Technology (Ticker: MRVL), a resource for investors and traders seeking the latest updates and insights on Marvell Technology.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Marvell Technology's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Marvell Technology's position in the market.

Rhea-AI Summary
Marvell Technology, Inc. (NASDAQ: MRVL) has been recognized by General Motors with the 2023 Overdrive Award for its Automotive Ethernet Technology. The award highlights Marvell's resilience and outstanding support in critical situations. Marvell's leading Automotive Ethernet portfolio, including Brightlane technology, has been pivotal in transforming the industry with its innovative solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.56%
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none
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Rhea-AI Summary
Marvell Technology, Inc. announces its strategy to optimize optical technology for AI and cloud data centers at OFC 2024. Key products include Nova 2, 3D Silicon Photonics Engine, Spica Gen2-T, COLORZ 800, and O-band Optics. Marvell collaborates with Juniper Networks and Coherent Corp. on ZR/ZR+ Transport Solution. Dr. Radha Nagarajan receives the David Richardson Medal for contributions to optical engineering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.24%
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partnership
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Rhea-AI Summary
Marvell Technology, Inc. introduces Nova 2, the first 1.6 Tbps PAM4 optical DSP, enhancing performance for AI and cloud infrastructure. The device offers 200 Gbps electrical and optical interfaces to meet increasing demands in accelerated infrastructure, generative AI, and high-performance computing. Marvell also makes the flagship Nova optical DSP, now generally available, showcasing at OFC 2024. The 1.6T Nova optical DSPs enable higher bandwidth for optical modules, doubling network traffic capacity and paving the way for enhanced infrastructure scalability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
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none
Rhea-AI Summary
Marvell Technology, Inc. introduces Spica Gen2-T, the industry's first 5nm 800 Gbps transmit-only PAM4 optical DSP. It aims to reduce power consumption by over 40% for 800 Gbps optical modules, catering to the escalating demands of cloud and AI compute. Marvell's commitment to optimizing infrastructure and reducing costs is evident through their innovative DSP technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
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AI
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Rhea-AI Summary
Marvell Technology, Inc. introduces the industry's first 3D Silicon Photonics Engine with 200 Gbps electrical and optical interfaces, offering 2x bandwidth and 30% lower power consumption. The device integrates hundreds of components into a single unit, enhancing performance and energy efficiency for AI clusters and cloud data centers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
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none
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Rhea-AI Summary
Marvell Technology showcases industry's first 800 Gbps ZR/ZR+ pluggable module with probabilistic constellation shaping at OFC 2024. The technology optimizes performance, extends transmission reach, and doubles bandwidth reach to 1000km.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
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none
Rhea-AI Summary
Marvell Technology, Inc. (MRVL) declares a quarterly dividend of $0.06 per share of common stock, payable on May 1, 2024, to shareholders of record as of April 12, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
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dividends
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Rhea-AI Summary
Silicon Box plans to invest up to $3.6B in Northern Italy to establish a cutting-edge semiconductor assembly and test facility, creating 1,600 jobs. The facility will focus on end-to-end chiplet integration for next-gen technologies and align with European sustainability goals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.82%
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Rhea-AI Summary
Marvell Technology's Dr. Radhakrishnan Nagarajan receives the 2024 David Richardson Medal for his contributions to optical engineering and photonics. With over 30 years of experience, Dr. Nagarajan is recognized for his innovative work in manufacturing and commercializing photonic integrated circuits, advancing optical interconnect technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.36%
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none
Rhea-AI Summary
Marvell Technology, Inc. (MRVL) reported Q4 net revenue of $1.427 billion, growing by 1% year-on-year, with a GAAP net loss of $(392.7) million and non-GAAP net income of $401.6 million. For fiscal 2024, net revenue was $5.508 billion, with GAAP net loss of $(933.4) million and non-GAAP net income of $1.310 billion. The company expects continued sequential growth in data center revenue for Q1 fiscal 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.36%
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Marvell Technology Inc

Nasdaq:MRVL

MRVL Rankings

MRVL Stock Data

60.76B
860.38M
0.5%
88.58%
2.06%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States
Wilmington

About MRVL

founded in 1995, marvell technology group ltd. has operations worldwide and more than 7,000 employees. marvell’s u.s. operating subsidiary is based in santa clara, california and marvell has international design centers located in china, europe, hong kong, india, israel, japan, malaysia, singapore, taiwan and the u.s. a leading fabless semiconductor company, marvell ships over one billion chips a year. marvell’s expertise in microprocessor architecture and digital signal processing, drives multiple platforms including high volume storage solutions, mobile and wireless, networking, consumer and green products. world class engineering and mixed-signal design expertise helps marvell deliver critical building blocks to its customers, giving them the competitive edge to succeed in today’s dynamic market. connect with us: follow marvell on twitter like marvell on facebook subscribe to marvell’s youtube channel add marvell to your google+ circle