Marvell Technology Inc Stock Price, News & Analysis

Marvell Technology has declared a quarterly dividend of $0.06 per share, payable on April 27, 2022, to shareholders of record as of April 8, 2022. This reflects the company's ongoing commitment to returning value to shareholders. Marvell is focused on delivering data infrastructure technology and has been a trusted partner for over 25 years with leading technology companies, aiming to innovate enterprise, cloud, automotive, and carrier architectures.

On March 2, 2022, Marvell (MRVL) launched its Alaska A PAM4 DSP family, the first cloud-optimized 400G/800G DSPs for Active Electrical Cables (AECs). This innovation aims to meet the growing bandwidth demands driven by AI and ML in cloud data centers. The DSPs, fabricated in a 6nm process, allow cable manufacturers to enhance their interconnect offerings. They can mitigate over 40db of loss, supporting longer reach and thinner cables crucial for high-density data centers. Marvell's Alaska A DSPs are now available for sampling to major cable suppliers.

Marvell has launched the industry's first 800Gbps multimode platform solution designed for cloud data centers, enhancing data speeds and efficiency. This innovative platform utilizes PAM4 DSP technology with multimode transimpedance amplifiers and drivers, allowing for double the data rate while using existing multimode fiber. The solution is expected to reduce costs and complexity for data center operators and meet the rising demand for high-speed interconnections driven by AI and HPC applications. The chipset is currently available for leading customers.

Marvell (NASDAQ: MRVL) and Molex have partnered to create a 400G QSFP-DD optical module compliant with the OpenZR+ Multi-Source Agreement, utilizing the Marvell Deneb Coherent DSP (CDSP). This collaboration enhances network performance and scalability while minimizing power consumption and costs, paving the way for more efficient edge and data center networks. The Deneb CDSP supports interoperability across various platforms, crucial for expanding the adoption of IP-over-DWDM. The new module is now in production, promising cost-effective and high-performance solutions for data center interconnects.

Marvell (NASDAQ: MRVL) has announced the production availability of its 400G DR4 silicon photonics platform designed for data centers. This platform enhances bandwidth while reducing costs and is crucial for supporting artificial intelligence and machine-learning applications. Key features include low-loss transmit Mach-Zehnder modulators and advanced power management technology. The platform also offers significant cost advantages through high-volume silicon wafer-scale manufacturing, ensuring faster solutions for cloud-optimized applications.

Marvell (NASDAQ: MRVL) has announced new 5G Open RAN DU and RU solutions powered by its OCTEON Fusion baseband processor, enhancing cloud-native 5G networks. The solutions feature inline hardware accelerators and compliance with O-RAN standards. Collaborations with Dell and Analog Devices showcase the advancements in 5G technology, including a cloud-optimized vRAN Distributed Unit. Marvell aims to lead 5G evolution through innovation and collaboration within the open ecosystem.

Marvell Technology, Inc. (NASDAQ: MRVL) will host a conference call on March 3, 2022, at 1:45 p.m. PT to discuss its fourth fiscal quarter and fiscal year 2022 financial results. Interested participants can join by calling 1-888-317-6003 or 1-412-317-6061 with passcode 8988123. The call will also be available via webcast on the Marvell Investor Relations website. A replay can be accessed until March 10, 2022.

Marvell is a leader in infrastructure semiconductor solutions, committed to enhancing data infrastructure technology in collaboration with top tech companies.

Marvell Technology, Inc. (NASDAQ: MRVL) has declared a quarterly dividend of $0.06 per share, scheduled for payment on January 26, 2022. Shareholders on record as of January 7, 2022 will be eligible for this payment. As a major player in data infrastructure technology, Marvell continues to build partnerships with leading technology companies, focusing on solutions that address both current and future needs in the semiconductor industry.

Marvell Technology, Inc. (MRVL) announced the completion of its Exchange Offer for outstanding senior notes, which ended on December 15, 2021. The offer involved exchanging up to $433.8 million of 4.200% Senior Notes due 2023 and $479.4 million of 4.875% Senior Notes due 2028 for newly issued registered notes. As of the expiration date, 99.998% of the 2023 Notes and 100% of the 2028 Notes were validly tendered. No proceeds were received from this exchange, and settlement is expected on December 16, 2021.