Marvell Technology, headquartered in Wilmington, Delaware, specializes in integrated circuit design and sales, employing 6,511 staff. It offers products for data centers, networking, consumer, and automotive markets, including custom ASICs and Ethernet solutions.
MRVL has been in the news recently: Nvidia CEO Jensen Huang defended his company's AI GPU platform amid increasing competition from rivals like Marvell Technology, whose shares rose in anticipation of strong second-quarter results. Meanwhile, Nvidia's stock fell by 2.01% after reporting no revenue from H20 chip sales in China, despite the S&P 500 reaching record highs.
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