AI Deployment Accelerates 800GbE Optical Growth According to Cignal AI [Yahoo! Finance]
Marvell Technology, Inc. (MRVL)
Last marvell technology, inc. earnings: 3/4 04:05 pm
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Source: Yahoo! Finance
BOSTON, April 23, 2024 BUSINESS WIRE )--Datacom optical component revenue grew for the 4th straight quarter with the explosion of demand for optics used in AI clusters, according to the most recent 4Q23 Optical Components Report from research firm Cignal AI. Nvidia, Coherent, and Innolight lead in 800GbE Datacom module shipments for hyperscale AI applications. Acacia and Marvell lead in shipments of high-performance coherent interfaces based on large volumes of 400ZR pluggables. "Datacom shipments, especially 800GbE optics, are ramping up fast and shipped units are forecast to reach 8 million in 2024," said Scott Wilkinson, Lead Analyst for Optical Components at Cignal AI. "Telecom is slowly recovering from a bottom in Q3, but no immediate reversal is in sight." More Key Findings from the 4Q23 Optical Component Report: Datacom revenue reached record levels, up 11% YoY, and module shipments grew rapidly in the last 2 quarters of 2023 as AI demand accelerated. For all of 2023, to
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MRVL
News
- Marvell Pursues AI Silicon Opportunities At Hyperscale [Forbes]Forbes
- With 85% ownership of the shares, Marvell Technology, Inc. (NASDAQ:MRVL) is heavily dominated by institutional owners [Yahoo! Finance]Yahoo! Finance
- If You'd Invested $1,000 in Marvell Technology 5 Years Ago, Here's How Much You'd Have Today [Yahoo! Finance]Yahoo! Finance
- Marvell Appoints Rick Wallace and Daniel Durn to its Board of Directors [Yahoo! Finance]Yahoo! Finance
- Marvell Appoints Rick Wallace and Daniel Durn to its Board of DirectorsPR Newswire
MRVL
Earnings
- 3/7/24 - Beat
MRVL
Sec Filings
- 5/1/24 - Form 4
- 5/1/24 - Form 144
- 4/29/24 - Form 4
- MRVL's page on the SEC website