Marvell Technology (MRVL) closed at $69.90 in the latest trading session, marking a +1.7% move from the prior day.
Marvell Technology (MRVL) launches the Alaska A 1.6T PAM4 DSP for active electrical cables focusing on high-speed networking for AI/ML workloads.
Singapore-based semiconductor firm Silicon Box has picked the town of Novara, in the industrialised northwestern region of Piedmont, for its new multi-billion-euro chip factory in Italy, the industry ministry said on Friday. The three-year-old startup, created by the founders of U.S chipmaker Marvell, will invest 3.2 billion euros ($3.42 billion) to produce in Italy so-called "chiplets", which can be the size of a grain of sand, under a government-backed deal. "Silicon Box offers Piedmont the opportunity to become a semiconductor hub," Industry Minister Adolfo Urso told reporters.