Needham Reiterates Buy Rating on Marvell (MRVL)

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Go back to Needham Reiterates Buy Rating on Marvell (MRVL)

Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2025 Financial Results

May 30, 2024 4:05 PM EDT

Q1 Net Revenue: $1.161 billion, declined by (12)% year-on-yearQ1 Gross Margin: 45.5% GAAP gross margin; 62.4% non-GAAP gross marginQ1 Diluted income (loss) per share: $(0.25) GAAP diluted loss per share; $0.24 non-GAAP diluted income per share

SANTA CLARA, Calif., May 30, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions,... More

Marvell Expands Connectivity Portfolio With New PCIe Retimer Product Line to Scale Compute Fabrics of Accelerated Infrastructure

May 30, 2024 9:00 AM EDT

Built on Marvell industry-leading 5nm PAM4 technology, new Alaska® P PCIe retimer product line scales connections between AI accelerators, GPUs, CPUs and other components inside servers. Higher compute performance for AI drives requirement for a new category of connectivity devices.Industry's lowest power PCIe Gen 6 16-lane retimer is now sampling.

SANTA CLARA, Calif.,... More