NasdaqGS:MRVLSemiconductor
Marvell Targets AI Infrastructure Growth With Acquisitions And Data Center Focus
Marvell Technology (NasdaqGS:MRVL) has moved deeper into AI infrastructure by acquiring XConn Technologies and Celestial AI, aiming to expand its AI connectivity offerings.
The company is putting more emphasis on data center products that support AI workloads, alongside plans to scale this segment further.
Recent commentary from analysts has highlighted Marvell as an important AI semiconductor player, with data center revenue reported as a key contributor to overall growth.
At a share price...