GlobalFoundries and Marvell have expanded their manufacturing agreement to increase production capacity of silicon germanium (SiGe) technology at GlobalFoundries' Vermont facility. This expansion addresses rising demand for faster and more energy-efficient semiconductor devices used in AI data centers, which require improved optical connections for handling large data volumes. The increased capacity will support Marvell's advanced optical networking products, including pluggable and co-packaged optics. This move positions both companies to capitalize on the growing AI infrastructure market.
Marvell Technology Inc (MRVL) shares rose 5.59% to USD 242.55 as of Sep 17, 2026 23:43 WIB on Pluang, reflecting strong investor interest amid the expanded SiGe manufacturing deal with GlobalFoundries. The stock's market cap stands at $206.44 billion, with a typical hold time of 40 days on the platform. Despite the recent surge, Pluang order activity shows a majority of 78% Sell versus 22% Buy, indicating mixed sentiment among users.
The AI investment trend is moving beyond GPU makers to focus on custom silicon, optical connectivity, and edge devices, benefiting chipmakers Marvell, Intel, and Qualcomm. Marvell, with strong data center revenue growth and custom silicon deals, coul...
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Marvell is set to distribute its final dividend of 2023 on October 29, paying $0.06 per share to shareholders of record as of October 10. This dividend rate has remained steady since the company began paying dividends in 2012, reflecting a modest yie...
Marvell Technology executive Bharathi Sandeep sold 3,685 shares worth about $865,864 amid market pressure on AI chip stocks following warnings from Broadcom's CEO about AI funding. Despite strong AI-related results, Marvell's stock faces valuation co...
Marvell Technology's stock rose 6% after an analyst from GF Securities said a delay in Google's next AI chip won't harm Marvell's long-term role in Google's chip supply chain. Marvell, which supplies custom AI chips and networking products to data ce...
