Hyperscalers are projected to spend between $750 billion and $800 billion annually on AI infrastructure, with some forecasts reaching $1 trillion, according to John Mowrey, chief investment officer at…
Arm Ltd., the Cambridge-based chip designer owned by Japan's SoftBank, may gain a stronger rival to Intel in virtual radio access networks (RAN) through a startup called Kenyi, founded by a Qualcomm e…
Semiconductor stocks rallied Tuesday, with the PHLX Semiconductor Index surging over 6% and the S&P 500 reaching record highs, as Marvell Technology launched new AI-optimized memory products at the Fl…
Marvell Technology introduced the Bravera SC6 SSD Controller (MV-SF1410), a PCIe Gen 6 NVMe SSD controller designed for AI infrastructure, cloud platforms, enterprise databases, and hyperscale data ce…
Marvell Technology, the fabless semiconductor firm, plans to invest $250 million in India to expand its sites in Bangalore and Hyderabad and double its headcount over three years, focusing on AI, clou…
Marvell Technology is investing $250 million to expand its Bangalore facility into a dedicated AI development hub, targeting AI data center infrastructure. The company's India workforce of 1,700 emplo…
Nvidia is accelerating financing deals, partnerships, and equity stakes that could collectively exceed $750 billion, including over $500 billion tied to SK Hynix's parent and up to $250 billion in gua…
Alphabet's contracted future spending commitments hit $811 billion at the end of Q2 2026, up nearly $500 billion from Q1, driven by AI infrastructure supply agreements covering chips, data centers, el…
Wall Street futures pointed higher Tuesday, with the S&P 500 up 0.4%, the Dow up 0.3%, and the Nasdaq climbing 1.3%, as AI-focused companies recovered some losses. Chipmakers Marvell Technology and In…
Altera, the programmable chip maker spun out of Intel, is growing roughly 20% annually and more than doubling operating income as it prepares for an eventual public listing, CEO Raghib Hussain said. T…
Tower Semiconductor and Marvell Technology have shipped over five million photonic integrated circuits for AI data center interconnects, marking a shift from copper to light-based data transmission. T…
Nvidia has spent over $27 billion on investments, acquisitions, and partnerships with former rivals including Marvell, Intel, and Groq under CEO Jensen Huang's 'AI factory' strategy. The moves aim to …
Cantor Fitzgerald raised its price target on Marvell Technology to $300 from $220 on June 29, 2026, while maintaining a Neutral rating, citing a durable AI infrastructure buildout and supply constrain…
Ten stocks, led by Micron Technology, drove nearly all of the Nasdaq-100's 20% gain in the first half of 2026, with Micron alone contributing 26% of the index's returns after its stock quadrupled. The…
Wall Street ended lower on June 23, with the Nasdaq plunging 2.2% and the S&P 500 dropping 1.4%, as investors sold off semiconductor stocks amid concerns that hyperscaler AI spending may not generate …
Tech stocks tumbled Tuesday, dragging the Nasdaq down about 2%, as investors sold off shares of AI-related companies amid concerns over sky-high valuations, massive data-center spending, and geopoliti…
S&P Dow Jones Indices announced on June 5 that Marvell Technology will replace Campbell's in the S&P 500, effective June 22, as part of a quarterly rebalance that also adds Flex Ltd. and removes Pool …
Tower Semiconductor has shipped over 5 million coherent photonic integrated circuits to Marvell Technology for AI data center interconnect networks, marking a milestone in silicon photonics production…
Marvell Technology hired Adobe CFO Dan Durn, signaling a shift in investor focus from software to semiconductor companies in the AI era. Adobe shares fell 5% despite raising revenue guidance and tripl…
Adobe CFO Dan Durn is leaving the company effective June 15 to join Marvell Technology, triggering a 5% drop in Adobe shares during after-hours trading despite the company reporting stronger-than-expe…