Marvell Technology Group Ltd. Stock News

Selling this spread would generate roughly $60 in premium which would be a 13% return in one month.

I am upgrading to a “Strong Buy” rating on Marvell Technology, driven by their custom silicon products supporting Amazon's Trainium AI chips and Alphabet's AI developments. Amazon's Trainium2, supported by Marvell, offers significant cost and performance advantages, potentially competing with Nvidia's AI chips and driving Marvell's revenue growth. Marvell anticipates $1.5 billion in AI-related ...

Extends PAM4 Connectivity Leadership to Scale Next Generation AI Server Compute Fabrics SANTA CLARA, Calif. , Oct. 15, 2024 /PRNewswire/ -- OCP Global Summit – Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, demonstrates its industry-leading 3nm PCIe Gen 7 connectivity at the OCP Global Summit, October 15-17, at the San Jose Convention Center.

Marvell Technologies is working with big tech to price custom ASIC solutions. This sets up the company well if the tech companies decide to scale up their new AI projects.

SANTA CLARA, Calif. , Oct. 14, 2024 /PRNewswire/ -- 2024 OCP Global Summit  –  Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced the development of FBNIC, a custom 5nm network interface controller (NIC) ASIC in collaboration with Meta to meet the company's infrastructure and use case requirements.

Data Center Portfolio Powers the Next Generation of AI and Cloud SANTA CLARA, Calif. , Oct. 14, 2024 /PRNewswire/ -- 2024 OCP Global Summit – Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, will highlight its latest advancements in accelerated infrastructure at the 2024 OCP Global Summit, October 15-17, in San Jose, California.

Investors looking to capitalize on the booming demand for AI servers should consider taking a closer look at these two stocks that are set to deliver impressive growth.

The artificial intelligence (AI) revolution is charging ahead, and stocks like NVIDIA Co. NASDAQ: NVDA are leading the charge with triple-digit revenue and stock performance gains. The impact of the AI boom has been evident in their top and bottom lines as NVIDIA maintains over a 90% market share of AI chips.