Marvell Technology has made a significant move to boost its AI and data center capabilities. The company announced it will acquire XConn Technologies. This deal is all about enhancing Marvell's switching silicon lineup. XConn brings expertise in advanced PCIe and CXL switch products. Marvell aims to
Marvell Technology Inc. wrapped up its fiscal year 2025 with a mix of highs and lows. The company's total revenue hit $5. 8 billion, a 5% jump from the year before. This boost was mainly due to a huge 88% surge in sales from data centers, thanks to the growing demand for AI applications. However, de
Marvell Technology's stock price took a significant dive, dropping by more than 17% after their latest earnings report. The chipmaker had projected sales of around $1. 88 billion for the upcoming fiscal quarter. This estimate was just a bit higher than the $1. 87 billion predicted by analysts. Howev
Marvell Technology's stock is on the rise after a strong earnings report. Investors are feeling more optimistic about the integrated circuit maker's future. The company did better than expected in the third quarter and gave a positive outlook for revenue. This good news has led many Wall Street firm
