+ Bonus + New-hire equity grant + Annual equity refreshers
Marvell Technology, Inc. creates high-performance semiconductor products that power data infrastructure for telecommunications operators, data centers, and enterprises. Its offerings span computing, storage, and networking to enable efficient, secure data transmission, storage, and processing. The products are programmable and scalable platforms designed for high bandwidth and strong security, supporting 5G networks and the broader digital economy. Revenue comes from designing, manufacturing, licensing, and providing related services to other businesses that integrate these components into their own products. Unlike many peers, Marvell emphasizes programmable, scalable platforms tailored to data infrastructure needs and long-term partnerships with enterprise and telecom customers. The company aims to help customers upgrade their networks and data systems to increase capacity, performance, and efficiency while expanding its own business in the data infrastructure space.
Company Size
10,001+
Company Stage
IPO
Headquarters
Santa Clara, California
Founded
1995
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Marvell Technology and GlobalFoundries expanded their partnership to boost production of silicon germanium (SiGe), a semiconductor technology used in high-speed optical connections for data centres. Following the announcement on 17 September, Marvell shares rose over 4% whilst GlobalFoundries climbed more than 6%. The multi-year agreement will increase SiGe manufacturing capacity at GlobalFoundries' Burlington, Vermont facility. The technology enables semiconductor devices to operate at higher speeds with reduced energy consumption. GlobalFoundries reported strong demand for SiGe, with CEO Tim Breen noting the company is "oversubscribed throughout 2027". The firm's communications infrastructure and data centre segment revenue jumped 62% year over year in Q2 2026. Marvell posted record revenue of $2.739 billion in Q2 fiscal 2027, up 37% year over year, driven by AI data centre demand.
ITDigest's weekly news roundup featuring riverbed, zendesk, cisco, opentext, Cohere, mitsubishi Electric, microsoft, oracle Health, Hexnode and more. Here is ITDigest's weekly roundup of the latest developments shaping global technology markets. This week's stories highlight the growing adoption of AI across network observability, customer service, operational intelligence, regulated industries, quantum computing, payment security, healthcare, and IT operations. As enterprises move toward more autonomous and intelligent workflows, technology providers are increasingly combining AI with infrastructure, security, data, and specialized industry capabilities to address complex operational requirements. In Hardware and Network news this week... Riverbed is advancing network management with agentic AI and 360-degree observability capabilities designed to provide deeper visibility across enterprise environments. The development addresses the growing challenge of network blind spots as infrastructure becomes increasingly distributed and workloads span multiple environments. By combining observability with AI-driven analysis and automation, organizations can gain greater insight into network performance, identify potential issues more quickly, and support more proactive IT operations. In business technology news this week... Zendesk is introducing specialized AI agents designed to support autonomous customer service across specific industries. Rather than relying solely on generalized AI capabilities, the approach focuses on tailoring agents to industry-specific workflows, requirements, and customer interactions. The development reflects the broader movement toward AI-powered service operations, where agents can handle routine requests and workflows while enabling human teams to focus on more complex customer needs. In cloud computing & mobility news this week... Cisco is expanding its AI and Splunk capabilities to help organizations strengthen operational intelligence across their technology environments. The advancements bring together data, observability, and AI to help enterprises gain actionable insights from increasingly complex IT operations. As organizations manage growing volumes of data across distributed infrastructure, integrating intelligence into operational workflows can help teams identify issues, understand system behavior, and make faster decisions. In artificial intelligence news this week... OpenText and Cohere are partnering to bring agentic AI capabilities to regulated industries. The collaboration focuses on addressing enterprise requirements around data, security, governance, and controlled AI deployment. For organizations operating under strict regulatory obligations, the ability to use AI while maintaining oversight and compliance is becoming increasingly important. The partnership reflects growing efforts to make agentic AI suitable for environments where trust, security, and responsible data management are critical. In quantum computing news this week... Mitsubishi Electric is launching research and development projects focused on scaling quantum computing systems. The initiatives highlight continued industry investment in addressing the technical challenges involved in building practical and scalable quantum technologies. As businesses and research institutions explore potential quantum applications, advancements in system architecture and supporting technologies will be important for moving quantum computing from experimental environments toward broader real-world use. In FinTech news this week... Microsoft, Marvell, and Utimaco are collaborating on a cloud-native architecture designed to strengthen payment security. The initiative reflects the financial industry's growing shift toward cloud-based infrastructure while maintaining stringent requirements for protecting sensitive payment information. By combining cloud capabilities with specialized security technologies, the architecture aims to support secure payment processing in modern digital environments and address the evolving security demands of financial institutions and payment providers. In HealthTech news this week... Oracle Health is introducing a clinical AI agent aimed at helping nurses reduce administrative workloads. The development reflects the increasing use of AI to support healthcare professionals with time-consuming operational tasks, allowing more attention to be directed toward patient care. As healthcare organizations look for ways to improve efficiency while managing workforce pressures, specialized clinical AI agents could become an increasingly important component of digital healthcare workflows. In Cybersecurity news this week... Hexnode is expanding its agentic AI capabilities with Hexnode Synapse, designed to support IT and security operations. The platform brings AI-driven orchestration into enterprise workflows, enabling organizations to automate and coordinate operational tasks across their technology environments. With security teams facing increasingly complex infrastructure and a growing volume of operational demands, agentic capabilities can help streamline processes, improve response workflows, and provide greater operational efficiency. Article of the week. Microservices architecture has become an important approach for enterprises seeking to build applications that can scale while remaining resilient and easier to manage. This guide explores the core principles of microservices and how organizations can structure applications as independently deployable services. It also provides practical considerations for enterprises adopting the architecture, including scalability, service management, resilience, and the operational complexity that comes with distributed application environments.
Marvell pushes GlobalFoundries to light up wafer production. It might be the next trillion-dollar company, but it'll need some help on the supply side to do it Published Thu 17 Sept 2026 // 23:16 UTC Earlier this year, Nvidia CEO Jensen Huang suggested that Marvell's optics tech would make it the next trillion-dollar company. On Thursday, Marvell took a big step towards securing that status by announcing an expanded partnership with GlobalFoundries, an American wafer fab well known for its work in silicon photonics manufacturing. The tie-up will see GloFo and Marvell work to expand silicon germanium (SiGe) wafer production at the fab's Burlington, Vermont wafer plant. SiGe is commonly employed in the production of optical transceivers, which convert electrical signals to optical ones and back again, as well as in laser modules used in many high-end switches from Nvidia and others. According to GlobalFoundries, the additional capacity will support the production of near- and co-packaged optics (CPO/NPO) as well as "next-gen" pluggable optics. Nvidia already employs co-packaged optics in some of its Spectrum Ethernet and Quantum InfiniBand switches to cut power consumption and improve reliability. Pundits expect NPO to be used in large multirack systems such as Huawei's new Ascend 960DT-based SuperPods. Nvidia's future multi-rack systems are widely expected to use NPO as well. The fab says its SiGe tech has already been validated up to 200 Gbps per lane, which is required for 1.6 Tbps transceivers. Faster lane speeds could open the door to 3.2 Tbps transceivers, which are also on its roadmap. Demand for optics technologies has surged thanks in no small part to everyone's favorite subject: AI. Speaking during Computex this spring, Marvell CEO Matt Murphy explained why demand for optics demand is set to explode. Up until now, optics have primarily been used to connect racks to resources across the datacenter. Anything within a few meters was well within reach of cheaper and less power hungry copper interconnects. But as lane speeds climbed from 25 Gbps to 50, 100, and then 200 Gbps, copper interconnects began running into practical reach limits. 400 Gbps per lane is essentially the end of the road for copper even in a single rack; beyond that point, copper cables can't carry signal at speed further than 1.25 meters. Because of this, the broader ecosystem has been investing heavily to bolster optics and photonics supply chains, and GlobalFoundries isn't the only one boosting production. Nvidia in particular has invested billions in the optics technology outfits, including $2 billion each to Lumentum and Coherent. A few months later, Coherent announced plans to boost production of indium phosphide wafers used in lasers, photodetectors, and modulators, at its Sherman, Texas, fab by 4x.(R)
MRVL stock climbs after AI optical capacity deal, new Microsoft security platform launch. Published: Sep 17 2026, 08:05 PM IST * FB * TW * Linkdin * Whatsapp * GNFollow Us Marvell expanded its multi-year agreement with GlobalFoundries to secure additional SiGe manufacturing capacity for next-generation optical connectivity products. * The additional GlobalFoundries capacity is intended to support Marvell's growing demand for optical products used in AI and cloud data centers. * The GlobalFoundries agreement builds on more than a decade of collaboration between the two companies. * Marvell also teamed up with Microsoft and Utimaco to launch Azure Payment HSM v2, a cloud-native security service for payment workloads. Marvell Technology (MRVL) shares climbed in morning trade on Thursday after the company expanded its manufacturing partnership with GlobalFoundries (GFS) and unveiled a new cloud-native payment security platform with Microsoft (MSFT) and Utimaco. Marvell and GlobalFoundries expanded a multi-year agreement to increase manufacturing capacity for silicon-germanium (SiGe) technology used in Marvell's next-generation optical connectivity products. Meanwhile, Marvell, Microsoft and Utimaco announced Azure Payment HSM v2, a cloud-native payment security service combining Marvell's LiquidSecurity hardware security modules, Utimaco's Atalla Payments Module software and Microsoft Azure. MRVL stock rose around 4.5% in morning trade, hitting its highest level for September, amid broader market strength. On Stocktwits, retail sentiment around the company remained in 'bearish' territory over the past day. Marvell expands capacity for AI optical connectivity. Under the expanded agreement, GlobalFoundries will increase capacity for its SiGe technology at its Burlington, Vermont, facility to support Marvell's growing requirements. The technology is used in pluggable optical transceivers, Near-Packaged Optics (NPO) and Co-Packaged Optics (CPO), which are designed to move data between computing systems at increasingly high speeds. Marvell said the additional capacity will help support the transition toward higher-bandwidth optical architectures as AI data centers scale. Its expanded collaboration with GF will help ensure Newsable has the SiGe technology and manufacturing capacity to support the significant growth Newsable see ahead. - Robb Johnson, Vice President, Foundry Technology, Marvell GlobalFoundries' current SiGe technology supports 200G-per-lane optical connectivity, with a roadmap aimed at higher-speed generations as AI and cloud infrastructure require more bandwidth. The expanded agreement builds on more than a decade of collaboration between the two companies. GFS stock jumped more than 8% in morning trade. On Stocktwits, retail sentiment around foundry service provider trended in the 'bullish' zone. Marvell, Microsoft launch Azure Payment HSM. Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business. 0 Comments / 0 New
GlobalFoundries and Marvell expand US chip capacity as AI networking becomes the next bottleneck. GlobalFoundries and Marvell Technology are expanding a multi-year US manufacturing agreement for silicon-germanium chips used in high-speed optical connections, highlighting how the AI infrastructure boom is shifting attention from processors toward the networking required to keep enormous computing clusters productive. September 17, 2026 Pharma news subscription