Marvell Technology Shares Are Trading Higher After the Company Announced the Debut of Its LPO Chipset to Address the Speed and Reach Limitations of Data Centers.

Benzinga22:00

Marvell Technology announced a breakthrough in customized high-bandwidth memory.

Gelonghui, December 11 | Marvell Technology announced on Wednesday that it has made breakthroughs in custom high-bandwidth memory (HBM) used for AI processors. The new AI accelerator architecture (XPU) is said to increase computing power by 25%, memory by 33%, while also improving energy efficiency. The company is collaborating with Micron Technology, Samsung, and SK Hynix to customize HBM processors for the accelerator. Marvell Technology executive Will Chu stated in a statement: "Enhancing the XPU by customizing HBM for specific performance, power consumption, and total cost of ownership is key to AI accelerator design."

Gelonghui Finance21:33

AMD, Broadcom, Marvell Are in Nvidia's Wake. This One Can Take Second Spot.

Barrons21:23

US stock market forecast | November CPI data meets expectations, the three major futures indexes rise sharply; Quantum Computing concept stocks surge before the market, with Rigetti and Quantum both climbing over 10%.

Pre-market up over 1%, Tesla's sales in China for December usher in a "good start": first week sales of 0.0219 million Autos, Cybertruck has completed Energy consumption declaration in China; Google executive: Search AI is the biggest bet, with an expected investment of 50 billion in 2024.

Futu News21:06

Marvell Technology (MRVL.US) announced a breakthrough in customized HBM solutions.

Marvell Technology made several announcements on Wednesday, including breakthroughs in custom high-bandwidth memory (HBM) for AI processors.

Zhitong Finance15:30

Why Marvell Technology (MRVL) Is Winning Big in the AI and Cloud Revolution

Yahoo Finance07:36