Marvell Technology is focusing on AI data center infrastructure, especially in optical data transmission and photonics, to enhance GPU-to-network connectivity with better energy efficiency and bandwidth. The acquisition of Celestia expands its capabilities in photonic fabric, supporting next-gen data center designs. Despite industry enthusiasm and Nvidia CEO's optimistic remarks, Marvell would need to quadruple its earnings to reach a trillion-dollar market cap, which seems unlikely soon.
The FTSE 100 index fell slightly, dragged down by mining stocks reacting to China's slower GDP growth of 4.3% in Q2, its weakest in three years. Despite this, oil prices remained steady amid US-Iran tensions. PayPal shares jumped over 14% following r...
The Goldman Sachs Future Tech Leaders Equity ETF (GTEK) has delivered a 48.9% return year-to-date, nearly doubling the 25% return of the Vanguard Information Technology ETF (VGT). Unlike VGT, which heavily invests in mega-cap tech giants like Nvidia,...
