Associated tags: MRVL, Marvell Technology, Marvell, AI, Video game
Locations: UNITED STATES, NORTH AMERICA, LR, MU, PENNSYLVANIA, WAN, CALIFORNIA, MARVELL, WALLACE
SANTA CLARA, Calif., March 15, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), today announced a quarterly dividend of $0.06 per share of common stock payable on May 1, 2024 to shareholders of record as of April 12, 2024.
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SANTA CLARA, Calif., March 15, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), today announced a quarterly dividend of $0.06 per share of common stock payable on May 1, 2024 to shareholders of record as of April 12, 2024.
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Management SANTA CLARA, Calif., March 8, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced Dr. Radhakrishnan ("Radha") Nagarajan has been selected as the 2024 recipient of the David Richardson Medal by Optica. He is honored for the successful manufacturing and commercialization of InP and Si-based photonic integrated circuits for use as optical interconnects with a wide range of applications.
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- SANTA CLARA, Calif., March 8, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced Dr. Radhakrishnan ("Radha") Nagarajan has been selected as the 2024 recipient of the David Richardson Medal by Optica.
- Established in 1966, the Richardson Medal recognizes significant contributions to optical engineering, primarily in the commercial and industrial sector.
- "Congratulations to Radha on receiving the 2024 Richardson Medal.
- "I'm honored to receive this year's David Richardson Medal and thank Optica for this award," said Dr. Nagarajan.
SANTA CLARA, Calif., March 7, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced it will host its Accelerated Infrastructure for the AI Era event in New York City on Thursday, April 11, 2024, from 10 AM to 12 PM Eastern Time, with presentations from Chairman and CEO Matt Murphy and the senior leadership team.
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- SANTA CLARA, Calif., March 7, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced it will host its Accelerated Infrastructure for the AI Era event in New York City on Thursday, April 11, 2024, from 10 AM to 12 PM Eastern Time, with presentations from Chairman and CEO Matt Murphy and the senior leadership team.
- The event will be webcasted live and can be accessed through the events section of Marvell's Investor Relations website at http://investor.marvell.com/ with a replay available following the event.
- In person attendance is by invitation only.
SANTA CLARA, Calif., March 7, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced that its Board of Directors has authorized a $3 billion addition to the balance of its existing stock repurchase program, increasing the total current repurchase authority to approximately $3.3 billion.
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- SANTA CLARA, Calif., March 7, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced that its Board of Directors has authorized a $3 billion addition to the balance of its existing stock repurchase program, increasing the total current repurchase authority to approximately $3.3 billion.
- This $3 billion increase is the largest repurchase authorization in our history.
- Marvell's existing share repurchase program had approximately $299 million of repurchase authority remaining as of the fiscal year ended February 3, 2024.
- Under the program authorized by its Board of Directors, Marvell may repurchase stock in the open-market or through privately negotiated transactions.
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EPS Non-GAAP net income for the fourth quarter of fiscal 2024 was $401.6 million, or $0.46 per diluted share.
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- Non-GAAP net income for the fourth quarter of fiscal 2024 was $401.6 million, or $0.46 per diluted share.
- "Marvell delivered fourth quarter fiscal 2024 revenue of $1.427 billion, above the mid-point of guidance.
- Marvell will conduct a conference call on Thursday, March 7, 2024 at 1:30 p.m. Pacific Time to discuss results for the fourth quarter and fiscal year 2024.
- For the fourth quarter of fiscal 2024, a non-GAAP tax rate of 6.0% has been applied to the non-GAAP financial results.
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Partnership 2nm building blocks and foundational IP to boost the performance and efficiency of cloud-optimized silicon for accelerated infrastructure.
Key Points:
- 2nm building blocks and foundational IP to boost the performance and efficiency of cloud-optimized silicon for accelerated infrastructure.
- SANTA CLARA, Calif., March 7, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, is extending its collaboration with TSMC to develop the industry's first technology platform to produce 2nm semiconductors optimized for accelerated infrastructure.
- The 2nm platform will enable Marvell to deliver highly differentiated analog, mixed-signal, and foundational IP to build accelerated infrastructure capable of delivering on the promise of AI," said Sandeep Bharathi, chief development officer at Marvell.
- "TSMC is pleased to collaborate with Marvell in pioneering a platform for advancing accelerated infrastructure on our 2nm process technology," said Kevin Zhang, senior vice president of business development at TSMC.
NEW YORK, March 4, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMD, PLTR, SMCI, MRVL, and AI.
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- NEW YORK, March 4, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMD, PLTR, SMCI, MRVL, and AI.
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Monday, February 26, 2024
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Mobile World Congress BARCELONA, Spain, Feb. 26, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced it will showcase its latest product and partner portfolio for carrier infrastructure at MWC Barcelona 2024, the world's largest connectivity event, taking place February 26-29, 2024.
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- BARCELONA, Spain, Feb. 26, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced it will showcase its latest product and partner portfolio for carrier infrastructure at MWC Barcelona 2024, the world's largest connectivity event, taking place February 26-29, 2024.
- To address massive mobile data growth, carriers are accelerating 5G deployment and evolving their Radio Access Networks (RANs) to open and virtualized architectures.
- To speed this transition, Marvell partners are applying its accelerated compute technology to yield greater network flexibility and efficiency.
- As traffic growth drives the need for higher bandwidth transmission, Marvell optical and copper connectivity technology is powering advances from fronthaul to metro.
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Monday, February 26, 2024
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Medical device Improves the performance of 5G RAN networks by enabling OEMs and operators, such as Nokia and Vodafone, to easily develop and implement innovative ML/AI models using open-source tools.
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- Improves the performance of 5G RAN networks by enabling OEMs and operators, such as Nokia and Vodafone, to easily develop and implement innovative ML/AI models using open-source tools.
- "The ever-increasing complexity of RAN makes AI/ML the ideal technology to efficiently solve challenges around radio resource configuration, allocation, and optimization.
- The OCTEON 10 ML/AI accelerator features a scalable tiled architecture and best-in-class performance-power ratio at 8 trillion operations per second per watt.
- "Giving developers access to processor modules will enable industry innovations that build smarter, faster, and more secure RAN networks."
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Monday, February 26, 2024
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Network equipment provider Technology from Dell Technologies, Fujitsu and Wind River combine with Marvell silicon to deliver Open RAN solutions, now available.
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- Technology from Dell Technologies, Fujitsu and Wind River combine with Marvell silicon to deliver Open RAN solutions, now available.
- BARCELONA, Spain and SANTA CLARA, Calif., Feb. 26, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced it has collaborated with leading companies to develop Open RAN solutions for use in NTT DOCOMO's OREX RAN infrastructure.
- "The fourth generation of Marvell OCTEON 10 technology meets the demanding requirements of NTT DOCOMO's OREX RAN specifications.
- The Marvell solution uniquely blends the optimized accelerators prevalent in today's deployments into the cloud environment," said Sadayuki Abeta, OREX evangelist and global head of Open RAN Solutions at NTT DOCOMO.
