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: Shares of Marvell Technology Inc (NASDAQ:MRVL) declined significantly due to concerns about potential loss of business with Amazon.com Inc (NASDAQ:AMZN) and competition from Broadcom Inc in the cloud contracts sector. The company is facing challenges as Broadcom gains traction with Microsoft's interest in custom AI chip designs.
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