semiconductor / news / / Markets Insider
Marvell Technology (MRVL) has been a major winner of the artificial intelligence (AI) boom so far.
Marvell secured custom accelerator and XPU-attach socket design wins with all major global cloud providers.
KEY POINTS
- Nvidia invested $2 billion in Marvell and entered a strategic partnership for NVLink Fusion expansion.
- Marvell's Celestial AI acquisition, completed for $1 billion, will boost its AI interconnect R&D capabilities.
- Revenue from Marvell's data center switches segment is guided to double to over $600 million in Fiscal 2027.
COMPANIES
Summarized by Newsio from Markets Insider. How we summarize →