MRVL

Nvidia invests $2B in chipmaker Marvell and says the two companies plan to work on silicon photonics tech, enabling high-speed data transmission; MRVL jumps 9%+

Nvidia invests $2B in chipmaker Marvell and says the two companies plan to work on silicon photonics tech, enabling high-speed data transmission; MRVL jumps 9%+

Nvidia Corp. said it has invested $2 billion in Marvell Technology Inc. and that the two chipmakers plan to collaborate on silicon photonics technology.

Marvell reports Q2 revenue up 58% YoY to $2.01B, in line with estimates, and forecasts Q3 revenue at $2.06B, below $2.11B est.; MRVL drops 15%+

Mike Wheatley / SiliconANGLE :

Marvell reports Q4 revenue up 27% YoY to $1.82B, vs. $1.8B est., and forecasts Q1 revenue of ~$1.88B, below the highest $2B est.; MRVL drops 13%+

Ian King / Bloomberg :

Marvell reports Q3 revenue up 7% YoY to $1.52B, above $1.45B est., $373M in net income u, and expects ~$1.8B in Q4 revenue, above $1.64B est.; MRVL jumps 20%+

Nick Turner / Bloomberg :