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-0.000346130548905375 -0.00083648215985452 0.00187487380657081 -0.00311517494014821 -0.00574057515359531 0.000259597911679113 0.00253886757622084 0.00409587816204683
Stock impact report

This Nvidia Partner's Stock Is Soaring on a New Deal With the AI Chip Leader and $2 Billion Investment [Yahoo! Finance]

NVIDIA Corporation (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Company Research Source: Yahoo! Finance
Nvidia said it will add custom Marvell products to its infrastructure, growing its offerings for its customers building data centers. A new deal with Nvidia is sending shares of Marvell Technology soaring Tuesday. Shares of Marvell ( MRVL ) were up over 7% in recent trading after the company announced a $2 billion investment from Nvidia ( NVDA ) and expanded partnership bringing more of Marvell's semiconductors and networking products into its infrastructure. Nvidia shares climbed about 3%. Nvidia said that the partnership will offer "customers building on NVIDIA architectures greater choice and flexibility in developing next-generation infrastructure" with the addition of custom Marvell products. Nvidia CEO Jensen Huang told CNBC in a televised interview Tuesday that the move is expected to help grow the total addressable market for both companies, and that Nvidia wants to have a stake in that expanded opportunity for Marvell. Why This Matters to Investors Marvell's grow Show less Read more
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