Marvell Technology Stock: AT&S Cooperation Secures Substrates - Börse Express
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The semiconductor group Marvell Technology continues its upward trend in the markets. Yesterday, Thursday, the stock rose by 2.2 percent to a closing price of 238.50 Euro. Progress in customized products for data centers, which expand the company's commitment to artificial intelligence, is providing confidence among investors. According to media reports, the company has begun delivering customized Compute Express Link chips to Google. These deliveries could enable Marvell to raise its own revenue forecast for the artificial intelligence segment. The large-scale programs for customized inference applications with the search engine group are reportedly to be continuously ramped up until 2028. Such specialized semiconductors are rapidly gaining importance among large cloud providers. Operators of modern server farms are specifically looking for tailored solutions to process vast amounts of data energy-efficiently and with minimal delay. The expansion of cooperation with leading technology groups strengthens the role of the semiconductor specialist in this highly demanded growth area. In parallel, the company is advancing innovative interface technologies. On September 21, Marvell presented demonstrations for optical 2-nanometer connections for data centers. Among other things, platforms with co-packaged optics as well as fast data connections with up to 1.6 terabits, which are...
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