Marvell News
10 articles
Marvell Technology, Monolithic Power Systems, MACOM, Photronics, and Nova Stocks Trade Up, What You Need To Know
AMD has entered into a significant agreement with OpenAI to power OpenAIs AI infrastructure using AMDs Instinct GPUs. This partnership highlights the growing demand for advanced chips in AI applications and has positively impacted AMDs stock, as well as other semiconductor companies like Marvell Technology, Monolithic Power Systems, MACOM, Photronics, and Nova. The U.S. semiconductor industry is experiencing rapid growth, driven by AI demand and government support. Monolithic Power Systems also saw a stock price increase, supported by strong demand for its power-management products and positive financial health.
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Stocks Supported by Chip Stock Strength and Trade News
The article provides instructions on how to customize chart settings for market data analysis. It explains how users can save their preferred chart setup as a template and switch market flags to access targeted data from different countries. Additionally, the article offers guidance on accessing more chart options through an interactive menu and navigating through symbols using keyboard arrows. The focus is on enhancing user experience in data visualization and analysis.
מארוול למען ישראל: מאות אלפי שקלים נתרמו בקמפיין הגיוס העולמי
Marvell, a leading company in the chip industry, is conducting a global donation campaign in which each employee can donate money, and at the end, Marvell adds to the amount collected. So far, about 190,000 shekels have been collected. In addition, Marvell allows and enables any employee who wishes to donate up to 5 vacation days from his balance. The donation campaign will continue until the end of November.
Customers
Nvidia and Marvell Are Still Winners, but Sell These 2 Chip Stocks, Citi Says
סבב מינויים במארוול ישראל - Techtime - חדשות אלקטרוניקה והייטק
Marvell has announced appointments in its Israeli development center. Eran Haruti has been appointed as Vice President of VLSI R&D, and Yossi Shoshani has been appointed as Vice President of Product R&D in the Switching Division. Marvell is one of the leading fabless semiconductor companies in Israel, employing around 1,000 people. The Israeli development center plays a crucial role in the companys global management. Marvell recently completed the development of its new DPU processor, OCTEON 10, and PRESTERA switches for 5G base stations.
Management Changes
מארוול ישראל נכנסה לעולם ה-5 ננומטר - Techtime - חדשות אלקטרוניקה והייטק
Marvell Israel has completed the development of its new DPU processor, OCTEON 10, and PRESTERA switches for 5G base stations. The company has already started supplying components to customers. The new OCTEON processors are manufactured using TSMCs 5-nanometer process. Marvell Israels development center focuses on chip development for connectivity and processors, which is an important growth engine for the company. The center employs hundreds of employees, most of them in development centers in Petah Tikva and Yokneam, and the rest in smaller development centers in India, China, and the United States.
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Marvell Israel laying off 90
Marvell Technology Groups subsidiary, Marvell Israel, is reportedly laying off 90 of its 650 employees in Israel. The layoffs are believed to be a result of Marvells acquisition of US company Cavium, which included the absorption of 70 employees from Israel company QLogic. Critics argue that the layoffs are part of a larger policy of cutting back on R&D activity in Israel, potentially damaging the high tech and chip development industry. Market sources, however, believe that the layoffs are a response to changing market needs, particularly in the cloud computing infrastructure and autonomous transportation sectors. Marvell Israel has previously laid off half of its employees in recent years.
Layoffs
Marvell Technologies head upbeat about Israel operations
Marvell Technologies, the second-largest chipmaker in Israel, is expanding its operations in the country. With over 1,200 employees in Israel, Marvell Technologies has acquired several companies in the past and believes in the talent and intelligence of the Jewish people. The company is a diverse semiconductor company, playing in mobile, networking, and storage. Marvell Technologies is focused on developing technology, software, and technological advancements to build a solid pipeline. The companys next big thing is smart furnishing, where any surface can be a live screen. Marvell Technologies is partnering with Google on Google TV to bring this concept to life. The company believes in attracting international companies to Israel and supports policies that make sense globally and locally. Marvell Technologies is led by a female executive who believes in the power of teamwork and combining the natural talents of men and women.
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Israel made Marvell more 'marvelous,' says co-founder
Marvell Technologies, a top player in networking, storage, servers and cloud, mobile, and consumer devices, has a significant presence in Israel. The company has nearly 1,200 employees in Israel and has acquired three Israeli companies. Marvells co-founder, Weili Dai, praises the talent and creativity of Israelis and believes in the potential of the Israeli workforce. Marvells vision is to create a world where anyone can connect to anyone or anything, and they have developed technologies like LTE cellular technology for cars. Weili emphasizes the importance of cooperation in the tech industry and expresses Marvells willingness to invest more in Israel. The article highlights the interconnectedness of the tech world and the potential for technology to improve lives globally.
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Marvell chief: We invest $200 million a year in Israel
Marvell Technology Group, a semiconductor company, has seen its share price fall by 50% since it announced the acquisition of Intels wireless processor product line for $600 million. The company also announced job cuts and expense reductions, but this has not improved the situation, with the stock falling a further 35%. Marvells CEO, Sehat Sutardja, stated in an interview that the company is facing challenges due to its rapid expansion and the complexity of the chip industry. Despite this, Sutardja expressed confidence in the companys future and its ability to survive the consolidation in the chip market.
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