Marvell Technology Grows Data Center Revenue and Expands Custom AI Chip Business
MRVL Marvell Technology Inc
$275.28 +0.23%
View chart & analysis → - 1Marvell Technology achieved another record quarter, recording a 37% year-over-year growth in Marvell revenue.
- 2Marvell Technology recorded a 46% growth rate in Marvell data center revenue.
- 3Marvell Technology completed the acquisition of Celestial AI.
So what's the key point?
Marvell Technology delivered strong results with data center revenue increasing by 46%. This indicates the company is growing significantly by expanding its artificial intelligence chip business.
Source The Motley Fool +1 · View original ↗
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