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Shares of Marvell Technology (NASDAQ: MRVL) were surging today after the semiconductor maker posted better-than-expected results in its third-quarter earnings report, driven in part by strong AI ...
Marvell's shares have risen nearly 60% this year as Wall Street has bet heavily on soaring demand for advanced chips that can support the complex processing needs of genAI. Marvell forecast fourth ...
The PHLX Semiconductor Sector index has logged healthy gains of nearly 23% so far in 2024, and that's not surprising as the robust demand for artificial intelligence (AI) chips has been a driving ...
Marvell Technology, Inc. is an American company, headquartered in Santa Clara, California, which develops and produces semiconductors and related technology. Founded in 1995, the company had more than 6,500 employees as of 2024, with over 10,000 patents worldwide, and an annual revenue of $5.5 billion for fiscal 2024.
The company's shares jumped nearly 23% giving it a market capitalization of $102 billion. Intel had a market value of $94 billion after its stock fell 2.5%, adding to recent losses after CEO Pat ...
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XScale is a microarchitecture for central processing units initially designed by Intel implementing the ARM architecture (version 5) instruction set.XScale comprises several distinct families: IXP, IXC, IOP, PXA and CE (see more below), with some later models designed as system-on-a-chip (SoC).
(Reuters) -Chipmaker Marvell Technology said on Thursday it expects its data center business to continue to grow next year even as roughly half its revenue will decline in the first quarter as its ...