MRVL
NASDAQ
Semiconductors
$188.68
USD
+$0.38 (+0.20%)
At close: Jul 17, 2026, 4:00 PM EDT
Market Cap:
$164.91B
Volume:
29.5M
Previous Close
$188.30
Day Range
$177.95 - $194.05
52 Week Range
$61.44 - $329.88
Average Volume (10 Days)
27.0M
P/E Ratio (TTM)
65.27
Dividend Yield
0.13%
Marvell Technology, Inc. engages in the design, development, and sale of integrated circuits. The company is headquartered in Wilmington, Delaware and currently employs 7,480 full-time employees. The company went IPO on 2000-06-27. The company is engaged in the design, development and sale of integrated circuits. Its product offerings include custom application-specific integrated circuits (ASICs), interconnects, ethernet solutions, fiber channel adapters, processors and storage controllers. In addition, it is also developing Ultra Accelerator LinkTM (UALinkTM) switches and ethernet for scale-up networking (ESUN) switches for the emerging scale-out artificial intelligence market. Its solutions integrate multiple analogs, mixed-signal and digital intellectual property components incorporating hardware, firmware and software technologies and its system knowledge to provide its customers with integrated solutions for their end products. The company designs and manufactures photonic integrated circuits for ultra-high-bandwidth and low-power applications.
CEO
Mr. Matthew Murphy
Headquaters
Wilmington, DELAWARE, US
Founded
2000
Employees
7,480
Third-party endorsement from the AI ecosystem's most influential executive lifts credibility of Marvell's $10B custom chip roadmap and validates the networking layer trade. NVDA holders benefit from confirmation that AI infrastructure spend is broadening beyond GPUs to interconnects and custom silicon.
Marvell Technology stock fell roughly 25% from recent highs despite management projecting revenue growth acceleration from 40% to 45% and making $1 billion in prepayments to secure manufacturing capacity. The pullback reflects valuation concerns as the stock trades at 85x trailing P/E, well above peers, even as the company expands its AI infrastructure business through deeper NVIDIA partnership and custom chip design for hyperscalers.
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Marvell Technology shares surged 84% in a month after Nvidia CEO Jensen Huang reportedly called the chipmaker the next trillion-dollar company. The endorsement was backed by a $2 billion strategic investment from Nvidia, deepening a partnership around data center networking and AI infrastructure.
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