Marvell on Pace for Highest Close Since 2006 Thanks to Microsoft Partnership [TheStreet.com]
Marvell Technology, Inc. (MRVL)
Last marvell technology, inc. earnings: 3/4 04:05 pm
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Source: TheStreet.com
Marvell on Pace for Highest Close Since 2006 Thanks to Microsoft Partnership Marvell ( MRVL Get Report MSFT Marvell was up 4.23% to $28.09 Tuesday, just shy of the $28.11 level the stock closed at on May 19, 2006. The 4% climb is the company's largest intraday increase since it rose nearly 6.7% about a week ago. The jump in stock price was spurred by the company announcing that Microsoft is now deploying servers for Microsoft Azure, Microsoft's cloud computing platform, based on Marvell's Thunder X2(R) server processor portfolio. The Thunder X2(R) is a collaboration between Marvell, Ingrasys (a Foxconn subsidiary) and Microsoft. "Microsoft's deployment of Marvell's ThunderX2 solutions in Azure further solidifies our position as one of the industry's most deployed Arm-based server solutions in the world," said Gopal Hegde, vice president and general manager of the server processor business unit at Marvell Semiconductor. "Integrating ThunderX2 into Azure infrastructure and application
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MRVL
News
- Investors push Marvell Technology (NASDAQ:MRVL) 7.9% lower this week, company's increasing losses might be to blame [Yahoo! Finance]Yahoo! Finance
- GM Recognizes Marvell With 2023 Overdrive Award For Its Automotive Ethernet Technology [Yahoo! Finance]Yahoo! Finance
- GM Recognizes Marvell With 2023 Overdrive Award For Its Automotive Ethernet TechnologyPR Newswire
- AI Deployment Accelerates 800GbE Optical Growth According to Cignal AI [Yahoo! Finance]Yahoo! Finance
- Cramer: The ‘proximate cause' of Super Micro's 23% drop Friday? Go back to March 8 [CNBC]CNBC
MRVL
Earnings
- 3/7/24 - Beat
MRVL
Sec Filings
- 4/22/24 - Form 4
- 4/19/24 - Form 144
- 4/17/24 - Form 4
- MRVL's page on the SEC website