Marvell Technology Inc Stock Price, News & Analysis

Marvell (NASDAQ: MRVL) has launched its second-generation Alaska Octal Scalable mGig PHY family, enhancing performance and efficiency for enterprise networking. This new family includes 10G and 2.5/5G PHY transceivers, providing significant improvements in cable reach and power consumption—up to 10% lower than the previous generation. The solutions are part of Marvell's borderless enterprise portfolio, aiming to meet the demands of emerging mobility and cloud applications. The Octal PHYs are available for sampling now.

Marvell (NASDAQ: MRVL) has launched the first 112G 5nm SerDes solution, validated in hardware, enhancing data infrastructure for 5G, enterprise, and cloud data centers. This technology doubles the bandwidth of current 56G systems while achieving over 25% power reduction compared to 7nm, making it ideal for high-performance applications. Marvell has also secured a custom ASIC design win for top-of-rack and spine switches in hyperscale data centers. This breakthrough positions Marvell as a leader in the shift towards 100G serial technology, vital for AI and machine learning workloads.

Marvell Technology Group Ltd. (NASDAQ: MRVL) will host a conference call on December 3, 2020, at 1:45 p.m. Pacific Time, to discuss its third quarter fiscal year 2021 financial results. Interested participants can join the call by dialing 1-844-647-5488 or 1-615-247-0258 with the passcode 3247376. The event will also be broadcasted on the investor relations website, with a replay available until December 10, 2020. Marvell is recognized for its contributions in data infrastructure technology, supporting major tech corporations globally.

Marvell (NASDAQ: MRVL) has launched the first automotive gigabit Ethernet PHY with integrated MACsec technology aimed at enhancing in-vehicle data security. The 88Q222xM Ethernet PHY addresses the growing need for secure communications as the automotive industry anticipates nearly a billion connected cars by 2030. This product not only supports energy-efficient network architectures but also complies with Open Alliance TC10 standards for sleep modes. Moreover, it has a temperature range suitable for harsh automotive environments, contributing to functional safety compliance.

Marvell (NASDAQ: MRVL) has launched the industry's first native NVMe RAID 1 accelerator, designed for multi-tenant cloud and enterprise data centers. This pioneering technology enables optimized reliability and performance while reducing the total cost of ownership by offloading RAID 1 processing from server CPUs. The HPE NS204i-p NVMe OS Boot Device, featuring this accelerator, is now available on select HPE ProLiant servers and HPE Apollo systems. This innovative solution enhances application processing performance while ensuring data integrity and is compatible with various operating systems.

Marvell (NASDAQ: MRVL) was awarded the 2020 Excellence in Quality and GSM Supplier of the Year by Cisco during its annual Supplier Appreciation Event. The awards recognize Marvell's commitment to high quality standards and exceptional performance in technology, flexibility, and productivity. Cisco's event this year was virtual, celebrating the vital role of supply chain partners in supporting Cisco's success. Marvell has built a strong reputation over 25 years, providing semiconductor solutions that connect the world.

On September 30, 2020, Marvell announced the shipment of its 1 millionth OCTEON-powered LiquidIO SmartNIC. The LiquidIO III SmartNIC incorporates the OCTEON TX2 DPU, featuring up to 36 Arm V8 cores and 5 x100G network connectivity. This product significantly enhances data center performance and efficiency, allowing users to offload critical workloads, thus reducing total cost of ownership. Major clients like Oracle benefit from this innovation, enabling customizable cloud networks. Marvell maintains leadership in the SmartNIC market, continuously developing tailored solutions for cloud hyperscalers.

Marvell (NASDAQ: MRVL) announced its custom application-specific integrated circuits (ASICs) are poised to support next-gen AI accelerator solutions for data center and automotive sectors. These ASICs excel in AI and machine learning, featuring advanced SRAMs, high-performance SerDes, and various pre-qualified memory interfaces. Marvell's design methodology promises swift market entry and robust reliability. The company is collaborating with several manufacturers, including Groq, which aims to create a peta operations per second AI accelerator-on-a-chip.

Marvell Technology Group Ltd. (NASDAQ: MRVL) announced a quarterly dividend of $0.06 per share, payable on October 28, 2020. Shareholders of record as of October 12, 2020 will receive this dividend. Marvell focuses on delivering innovative data infrastructure technology, providing semiconductor solutions to enhance the management of data for a diverse range of industries, including cloud and automotive. The company's partnerships with leading tech firms underscore its commitment to evolving data architectures for future needs.