Welcome to our dedicated page for Marvell Technology news (Ticker: $MRVL), a resource for investors and traders seeking the latest updates and insights on Marvell Technology stock.
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. (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%
Tags
-
Rhea-AI Summary
Marvell Technology, Inc. (MRVL) announces a $3 billion addition to its stock repurchase program, bringing the total repurchase authority to approximately $3.3 billion, the largest in the company's history. The existing program had $299 million remaining. Marvell can repurchase stock through open-market or negotiated transactions based on market conditions and corporate considerations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.36%
Tags
-
Rhea-AI Summary
Marvell Technology, Inc. (MRVL) will host an Accelerated Infrastructure for the AI Era event in New York City on April 11, 2024, featuring presentations from CEO Matt Murphy and the senior leadership team, accessible via webcast. In-person attendance is by invitation only.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.36%
Tags
Rhea-AI Summary
Marvell extends partnership with TSMC to develop industry-first 2nm semiconductor platform for accelerated infrastructure. The collaboration aims to boost performance and efficiency of cloud-optimized silicon, leveraging Marvell's IP portfolio. This move follows Marvell's success with 5nm and 3nm technologies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.57%
Tags
-
Rhea-AI Summary
Marvell Technology, Inc. (NASDAQ: MRVL) announces its latest products and partnerships for carrier infrastructure at MWC Barcelona 2024. The company showcases cutting-edge compute and connectivity solutions to enhance 5G networks, addressing the increasing demand for higher bandwidth transmission.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
Tags
-
Rhea-AI Summary
Marvell Technology collaborates with Dell Technologies, Fujitsu, and Wind River to develop Open RAN solutions for NTT DOCOMO's OREX RAN infrastructure. Marvell's OCTEON 10 Fusion processors offer leading performance per watt, showcased at MWC Barcelona. Open RAN expected to grow to 20-30% of worldwide RAN revenues by 2028.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
Tags
Rhea-AI Summary
Marvell Technology announces support for OCTEON 10 processors in the Linux Foundation's Datapath Developer Kit, enhancing ML/AI acceleration for 5G RAN networks. Nokia and Vodafone collaborate to leverage machine learning technology for RAN optimization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
Tags
-
Rhea-AI Summary
Marvell Technology, Inc. (MRVL) will hold a conference call to discuss its Q4 and fiscal year 2024 financial results on March 7, 2024, at 1:30 p.m. Pacific Time. The call can be accessed via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.71%
Tags
-
Rhea-AI Summary
Marvell Technology, Inc. (MRVL) has announced a conference call to discuss its fourth fiscal quarter and fiscal year 2024 financial results on March 7, 2024. Interested parties can join the call via phone or webcast, with a replay available until March 14, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.41%
Tags
Rhea-AI Summary
Marvell Technology, Inc. and partners Amphenol, Keysight Technologies, Molex, and TE Connectivity demonstrate 200G/lane copper links with Marvell DSPs at DesignCon. The collaboration aims to boost networking bandwidth for AI and cloud workloads, addressing the growing demand for generative AI and other services. The demonstrations showcase the potential for faster, higher capacity networks to optimize workloads and economic potential. Marvell's 200G/lane LR DSP SerDes is expected to extend the reach of copper links and enable 1.6T Active Electrical Cables, contributing to the growth of AEC silicon revenue. The company's leadership in AEC and DSP technology is evident from its previous releases and the ongoing collaborations with ecosystem partners and hyperscale customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.64%
Tags
Marvell Technology, Inc.
Nasdaq:MRVL
MRVL Rankings
MRVL Stock Data
59.33B
860.38M
0.5%
88.58%
2.06%
Semiconductor and Related Device Manufacturing
Manufacturing
United States of America
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