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.
Marvell Technology, Inc. (NASDAQ: MRVL) is a semiconductor company that focuses on data infrastructure, and its news flow reflects this emphasis on connectivity, AI and cloud data centers. Company press releases describe Marvell as a leader in data infrastructure semiconductor solutions, working with many of the world’s leading technology companies to move, store, process and secure data.
Investors following MRVL news will see frequent updates on Marvell’s role in accelerated AI infrastructure. Recent announcements highlight definitive agreements to acquire XConn Technologies, a provider of PCIe and CXL switching silicon, and Celestial AI, which developed a Photonic Fabric technology platform for optical scale-up interconnect. These transactions are presented by Marvell as expanding its portfolio for next-generation AI and cloud data centers.
News items also cover product and technology developments. Marvell has announced industry adoption of its Alaska P PCIe 6 retimers to connect AI accelerators, GPUs, XPUs, CPUs, SSDs and CXL devices inside advanced data center systems. The company has introduced active copper cable linear equalizers and launched its Golden Cable initiative to accelerate the active electrical cable ecosystem for hyperscaler AI deployments. Additional releases describe collaborations around its LiquidSecurity hardware security modules, which power certain cloud-based security services.
Beyond technology, Marvell’s news includes financial and corporate updates such as quarterly earnings releases, dividend declarations, share repurchase authorizations and debt offerings, as reported in accompanying Form 8-K filings. For investors and analysts, the MRVL news stream provides insight into how Marvell is positioning itself in AI, cloud connectivity, security and capital allocation. Bookmark this page to review ongoing press releases and regulatory-linked announcements that shape the company’s trajectory in data infrastructure semiconductors.
Marvell (NASDAQ: MRVL) has launched its Prestera® DX 7300 series of Ethernet switches, optimized for secure data movement in carrier access and metro networks. These switches support up to 400Gbps speeds, catering to the growing bandwidth demands driven by 5G and IoT. The Prestera DX 7300 features advanced security, low power consumption, and integrates enhanced processing capabilities, enabling them to handle the requirements of modern RAN models. With millions of ports shipped to over 100 customers, this third-generation switch family aims to bolster network performance and secure communications for high-speed applications.
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Marvell Technology Group Ltd. (NASDAQ: MRVL) reported Q3 FY2021 revenue of $750 million, reflecting a 13% year-on-year increase, primarily due to a 35% growth in its networking business. The company posted a GAAP net loss of $(23) million or $(0.03) per share, while non-GAAP net income was $168 million or $0.25 per share. Looking ahead, Marvell guides Q4 revenue of $785 million +/- 5%, factoring in supply constraints and U.S. government restrictions on Chinese customers.
Marvell Technology Group Ltd. (NASDAQ: MRVL) has announced a quarterly dividend of $0.06 per share, payable on January 14, 2021. Shareholders of record as of December 23, 2020 will receive this payment. The company emphasizes its commitment to enhancing data infrastructure technology through strong partnerships with leading tech firms.
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.
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