Marvell Technology Inc Stock Price, News & Analysis

Marvell Technology (NASDAQ: MRVL) has announced a significant capital return initiative, including a new $5 billion stock repurchase authorization and a $1 billion accelerated share repurchase (ASR) program. The company has already repurchased $300 million of common stock in the current quarter under its regular program.

As of August 2, 2025, Marvell had approximately $2.0 billion remaining under its prior repurchase authorization. The company's CEO Matt Murphy emphasized their conviction in the business and commitment to pursuing growth opportunities in AI infrastructure while maintaining a strong balance sheet.

Marvell Technology (NASDAQ: MRVL) has announced its latest quarterly dividend payment. The company will distribute a dividend of $0.06 per share of common stock to eligible shareholders.

The dividend will be paid on October 30, 2025, to stockholders who are on record as of October 10, 2025.

Marvell Technology (NASDAQ: MRVL) has achieved a significant milestone with its Structera CXL memory-expansion controllers completing interoperability testing with DDR4 and DDR5 memory solutions from Micron, Samsung, and SK hynix. This follows previous successful testing with AMD EPYC and Intel Xeon platforms, making Structera the only CXL 2.0 product family fully tested across major CPU architectures and memory suppliers.

The Structera product line features two families: Structera A with 16 Arm Neoverse V2 cores for high-bandwidth memory applications, and Structera X for memory expansion in general-purpose servers. Both product families are industry-first with four memory channels, inline LZ4 compression, and 5nm manufacturing processes.

Marvell Technology (NASDAQ: MRVL) reported strong Q2 fiscal 2026 results with record revenue of $2.006 billion, representing a 58% year-over-year increase. The company posted GAAP net income of $194.8 million ($0.22 per diluted share) and non-GAAP net income of $585.5 million ($0.67 per diluted share).

The company's growth is driven by strong AI demand for custom silicon and electro-optics products, along with recovery in enterprise networking and carrier infrastructure markets. Marvell is currently engaged in over 50 new AI opportunities across more than 10 customers.

For Q3 fiscal 2026, Marvell expects revenue of $2.060 billion (±5%), with non-GAAP gross margin of 59.5-60.0% and non-GAAP EPS of $0.74 (±$0.05). The outlook reflects the recent divestiture of Marvell's Automotive Ethernet business completed on August 14, 2025.

Marvell Technology (NASDAQ: MRVL) has unveiled the industry's first 2nm 64 Gbps bi-directional die-to-die (D2D) interconnect IP, a breakthrough technology for next-generation XPUs. The new interface delivers 32 Gbps of simultaneous two-way connectivity per wire and offers bandwidth density exceeding 30 Tbps/mm.

Key features include 3x higher bandwidth density than UCIe at equivalent speeds, 85% reduced compute die area requirements, and advanced adaptive power management that cuts power consumption by up to 75% during normal workloads. The technology, available in both 2nm and 3nm nodes, includes unique features like redundant lanes and automatic lane repair for enhanced reliability.

This announcement follows Marvell's series of 2nm innovations, including its 2nm platform announcement in March 2024 and custom SRAM technology launch.

Marvell Technology (NASDAQ: MRVL) announced that Microsoft has selected its LiquidSecurity hardware security modules (HSMs) for Microsoft Azure Cloud HSM service. This expands their existing collaboration, as Marvell's HSMs already power Azure Key Vault and Azure Key Vault Managed HSM services.

The FIPS 140-3 Level 3 certified Azure Cloud HSM service provides customers with dedicated HSM clusters for cryptographic operations. Marvell's PCIe-based LiquidSecurity HSMs, powered by OCTEON DPUs, can manage 100,000 encryption key pairs and process over 1 million operations per second. The HSM-as-a-service market is projected to grow at 8.5% annually through 2029.

Infineon Technologies (OTCQX: IFNNY) has completed its acquisition of Marvell Technology's Automotive Ethernet business for $2.5 billion. The transaction strengthens Infineon's leadership in automotive semiconductors and software-defined vehicles technology.

The acquired business features a design-win pipeline of $4 billion by 2030 and is expected to generate revenue of $225-250 million in 2025 with a 60% gross margin. The Brightlane™ Automotive Ethernet portfolio includes PHY transceivers, switches, and bridges supporting data rates from 100 Mbps to 10 Gbps.

Infineon will integrate the business into a new "Ethernet Solutions" business line within its Automotive division, financing the acquisition through existing funds and debt capital.

Marvell Technology (NASDAQ: MRVL) has completed the sale of its Automotive Ethernet business to Infineon Technologies AG for $2.5 billion in an all-cash transaction. The deal closed on August 14, 2025, eleven days into Marvell's Q3 fiscal 2026.

The divested Automotive Ethernet business contributed mid-single-digit millions in revenue during the initial days of Q3 FY2026, and was projected to generate $225-250 million in revenue for fiscal 2026. Marvell expects no material impact on its non-GAAP earnings per share from this transaction. The company will discuss Q2 FY2026 results and Q3 guidance in its upcoming earnings call on August 28, 2025.

Marvell Technology (NASDAQ: MRVL), a leading infrastructure semiconductor solutions provider, has scheduled its second quarter fiscal year 2026 earnings conference call for Thursday, August 28, 2025, at 1:45 p.m. Pacific Time.

Investors can join through the Call me™ automated system or by dialing specific numbers. The call will be available via webcast on Marvell's investor relations website, with a replay accessible through September 4, 2025.