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.
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