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Marvell Technology, Inc. - $MRVL STOCK NEWS

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.

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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.
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Rhea-AI Summary
Marvell Technology, Inc. (MRVL) declares a quarterly dividend of $0.06 per share of common stock, payable on January 31, 2024, to shareholders of record as of January 5, 2024.
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Marvell Technology, Inc. (NASDAQ: MRVL) has launched the OCTEON 10 CN102 and CN103, which triple the performance of existing Marvell solutions while reducing power consumption by 50%. The 5nm OCTEON CN102 and CN103 are designed for networking equipment and firewall manufacturers, delivering breakthrough levels of performance and efficiency. The chips can serve as an offload DPU for host processors or as the primary processor in devices, enabling OEMs to design fanless systems to simplify systems and reduce cost, maintenance, and power consumption.
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Marvell Technology, Inc. (MRVL) delivers industry's first 400/800 Gbps 5nm PAM4 optical DSPs, Perseus and Spica Gen2, to enable cloud operators to optimize performance, bandwidth, and efficiency of optical links connecting data infrastructure. Perseus integrates TIA and VCSEL driver for short-reach connections, while Spica Gen2 is optimized for longer-reach connections, both expanding Marvell's industry-leading portfolio of optical connectivity.
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Marvell Technology, Inc. (MRVL) reported Q3 net revenue of $1.419 billion, declining by 8% year-on-year. GAAP gross margin was 38.9%, and non-GAAP gross margin was 60.6%. Q3 diluted loss per share was $(0.19) GAAP, and $0.41 non-GAAP. Despite a softening demand environment, the company delivered strong results in the datacenter end market, with a forecast of flat overall revenue in Q4.
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Marvell Technology, Inc. (MRVL) joins Ultra Ethernet Consortium (UEC) to drive innovation in data center network infrastructure and Ethernet technology. The company is committed to developing open ecosystems and standards-based Ethernet solutions to meet the demands of generative AI workloads and accelerated computing.
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Marvell Technology, Inc. will conduct a conference call to discuss its financial results for the third quarter of fiscal year 2024 on November 30, 2023. Interested parties can join the call by dialing 1-888-317-6003 or 1-412-317-6061, passcode 2559616. The call will be webcasted and a replay will be available until December 7, 2023.
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Marvell Technology to share vision for advancing AI and cloud networks at OCP Global Summit
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Marvell, F5 Networks, and Arm collaborate to develop the first real-world use case example built on the Open Programmable Infrastructure (OPI) framework. The use case demonstrates how the OPI framework can offload key infrastructure management services from the host CPU to the DPU, lowering TCO and increasing compute capacity. The demo showcases an F5 NGINX container running on the Arm Neoverse-based Marvell OCTEON 10 DPU.
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Marvell Technology to showcase 200 Gbps-per-lane electrical I/O technology at OCP Global Summit
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Marvell Technology, Inc.

Nasdaq:MRVL

MRVL Rankings

MRVL Stock Data

66.36B
860.38M
0.5%
88.58%
2.06%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
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