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Marvell Technology, Inc. (MRVL) Report Analysis

Corporate Events

Negative

Marvell Technology, Inc.(NasdaqGS:MRVL) dropped...

2022-06-24 00:00:00

Marvell Technology, Inc.(NasdaqGS:MRVL) dropped from Russell Midcap Index

Negative

Marvell Technology, Inc.(NasdaqGS:MRVL) dropped...

2022-06-24 00:00:00

Marvell Technology, Inc.(NasdaqGS:MRVL) dropped from Russell Midcap Value Index

Positive

Marvell Technology, Inc.(NasdaqGS:MRVL) added t...

2022-06-24 00:00:00

Marvell Technology, Inc.(NasdaqGS:MRVL) added to Russell Top 200 Index

Positive

Marvell Technology, Inc.(NasdaqGS:MRVL) added t...

2022-06-24 00:00:00

Marvell Technology, Inc.(NasdaqGS:MRVL) added to Russell Top 200 Value Index

Positive

Marvell Technology, Inc. Expands Operations in Canada

2022-06-13 13:00:00

Marvell Technology, Inc. announced a significant expansion of its Canadian presence in Ottawa, Toronto, and Vancouver with plans for ongoing g...

Neutral

Marvell Joins Universal Chiplet Interconnect Ex...

2022-06-08 13:00:00

Marvell announced that the company has joined the Universal Chiplet Interconnect Express (UCIe) Consortium as part of its ongoing development ...

Neutral

Marvell Technology, Inc. Presents at Bank of Am...

2022-06-06 05:47:00

Marvell Technology, Inc. Presents at Bank of America 2022 Global Technology Conference, Jun-07-2022 11:00 AM. Venue: Ritz Carlton, San Francis...

Positive

Marvell Technology, Inc. Declares Quarterly Div...

2022-06-02 20:12:00

Marvell Technology, Inc. announced a quarterly dividend of $0.06 per share of common stock payable on July 27, 2022 to shareholders of record ...

Positive

Marvell Introduces Automotive Ethernet Switch w...

2022-05-31 13:15:00

Marvell introduced its third generation Marvell® Brightlane™ Ethernet Switch, automotive secure managed switch, and the first with lockstep du...

Neutral

Marvell Technology, Inc. Presents at The Six Fi...

2022-05-30 08:34:00

Marvell Technology, Inc. Presents at The Six Five Summit, Jun-08-2022 08:00 AM. Speakers: Matthew J. Murphy, President, CEO & Director.

Neutral

Futurum Research, Moor Insights & Strategy, the...

2022-05-28 09:25:00

Futurum Research, Moor Insights & Strategy, The Six Five Summit, Jun 07, 2022 through Jun 09, 2022.

Neutral

Tranche Update on Marvell Technology, Inc. (Nas...

2022-05-27 16:04:00

From January 30, 2022 to May 20, 2022, the company has repurchased 1,200,000 shares, representing 0.14% for $68.36 million. With this, the com...

Neutral

Marvell Technology, Inc. Provides Earnings Guid...

2022-05-26 20:05:00

Marvell Technology, Inc. provided earnings guidance for the three months ended July 30, 2022. For the period, the company expects GAAP net rev...

Neutral

Marvell Technology, Inc. - Special Call

2022-05-15 04:58:00

Marvell’s vision for transforming cloud data centers with CXL - hosted by J.P. Morgan

Positive

Marvell Technology, Inc. (NasdaqGS:MRVL) entere...

2022-05-09 00:00:00

Marvell Technology, Inc. (NasdaqGS:MRVL) entered into an definitive agreement to acquire Tanzanite Silicon Solutions, Inc. on May 9, 2022. The...

Neutral

Marvell Technology, Inc. - Shareholder/Analyst Call

2022-05-06 16:39:00

AGM

Neutral

Marvell Technology, Inc. to Report Q1, 2023 Res...

2022-04-28 20:06:00

Marvell Technology, Inc. announced that they will report Q1, 2023 results on May 26, 2022

Neutral

Marvell Technology, Inc., Q1 2023 Earnings Call...

2022-04-28 20:06:00

Marvell Technology, Inc., Q1 2023 Earnings Call, May 26, 2022

Neutral

Marvell Technology, Inc., Annual General Meetin...

2022-04-20 12:46:00

Marvell Technology, Inc., Annual General Meeting, Jun 23, 2022, at 10:00 Pacific Standard Time. Agenda: To elect the ten (10) directors named ...

Negative

Marvell Technology, Inc. Announces Changes to I...

2022-04-20 12:30:00

Marvell Technology, Inc. announced the appointment of Sara Andrews, Chief Information Security Officer at Experian, to its board of directors....

Positive

D-Matrix Corporation announced that it has rece...

2022-04-20 00:00:00

On April 20, 2022, D-Matrix Corporation closed the transaction. The company has received $44,000,000 in the transaction. The series A round of...

Neutral

Marvell Technology, Inc. Presents at The Linley...

2022-04-15 13:06:00

Marvell Technology, Inc. Presents at The Linley Spring Processor Conference, Apr-20-2022 03:00 PM. Venue: Hyatt Regency Hotel, Santa Clara, Ca...

Neutral

The Linley Group, Inc., the Linley Spring Proce...

2022-04-15 12:00:00

The Linley Group, Inc., The Linley Spring Processor Conference, Apr 20, 2022 through Apr 21, 2022. Venue: Hyatt Regency Hotel, Santa Clara, Ca...

Neutral

The Linley Group, Inc., the Linley Spring Proce...

2022-04-15 12:00:00

The Linley Group, Inc., The Linley Spring Processor Conference, Apr 20, 2022 through Apr 21, 2022. Venue: Hyatt Regency Hotel, Santa Clara, Ca...

Neutral

Bank of America Corporation, Bank of America 20...

2022-03-17 14:07:00

Bank of America Corporation, Bank of America 2022 Global Technology Conference, Jun 07, 2022 through Jun 09, 2022. Venue: Ritz Carlton, San Fr...

Neutral

Tranche Update on Marvell Technology, Inc. (Nas...

2022-03-10 16:06:00

From October 31, 2021 to January 29, 2022, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has co...

Positive

Marvell Technology, Inc., $ 0.06, Cash Dividend...

2022-03-01 00:00:00

Marvell Technology, Inc., $ 0.06, Cash Dividend, Apr-07-2022

Neutral

Light Reading LLC, LightReading Optical Network...

2022-01-20 15:07:00

Light Reading LLC, LightReading Optical Networking Digital Symposium, Feb 08, 2022 through Feb 10, 2022.

Neutral

Marvell Technology, Inc. Presents at Tech/Auto ...

2022-01-04 00:00:00

Marvell Technology, Inc. Presents at Tech/Auto Forum During the 2022 International CES, Jan-05-2022 08:25 AM. Venue: Bellagio Hotel, Las Vegas...

Neutral

Wi-LAN Subsidiary Polaris Signs License Agreeme...

2021-12-31 11:30:00

Wi-LAN Inc. announced that WiLAN's wholly-owned subsidiary, Polaris Innovations Limited, has entered into a license agreement granting rights ...

Positive

Marvell Technology, Inc. Declares Quarterly Div...

2021-12-17 21:05:00

Marvell Technology, Inc. announced a quarterly dividend of $0.06 per share of common stock payable on January 26, 2022 to shareholders of reco...

Positive

Marvell Technology, Inc. Announces Completion o...

2021-12-16 21:05:00

Marvell Technology, Inc. announced the final results of the Company's offer to exchange certain of the Company's outstanding unregistered note...

Positive

Marvell Technology, Inc., $ 0.06, Cash Dividend...

2021-12-16 00:00:00

Marvell Technology, Inc., $ 0.06, Cash Dividend, Jan-06-2022

Positive

D-Matrix Corporation announced that it expects ...

2021-12-13 00:00:00

D-Matrix Corporation announced that it will issue 15,322,269 series A preferred shares at a price of $1.89267 per share for gross proceeds of ...

Positive

Marvell and OE Solutions Announces Collaboratio...

2021-12-07 14:05:00

Marvell and OE Solutions announced a collaboration to deliver the production-ready 100G QSFP-DD optical modules optimized for 5G backhaul and ...

Positive

Marvell Introduces 50G PAM4 DSP Chipset for Nex...

2021-12-07 14:00:00

Marvell announced the industry's first 50Gbps PAM4 DSP and TIA chipset solution for 5G fronthaul, which enables performance for integrated rad...

Neutral

Marvell Technology, Inc. Presents at Barclays G...

2021-12-07 09:32:00

Marvell Technology, Inc. Presents at Barclays Global TMT Conference 2021, Dec-08-2021 01:10 PM.

Neutral

Tranche Update on Marvell Technology, Inc. (Nas...

2021-12-03 16:04:00

From August 1, 2021 to October 30, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has comp...

Positive

Marvell Technology, Inc. Launches 802.1AE MACse...

2021-12-02 21:11:00

Marvell Technology, Inc. introduced the 802.1AE MACsec integrated dual 1000BT1 and 100BT1 PHYs. The newly announced products extend Marvell's ...

Positive

Marvell Unveils Brightlane Automotive Ethernet ...

2021-12-02 21:10:00

Marvell Technology, Inc. introduced the multi-gig Ethernet camera bridge solution, 88QB5224, for best-in-class video distribution in connected...

Neutral

Marvell Technology, Inc. Provides Earnings Guid...

2021-12-02 21:05:00

Marvell Technology, Inc. provided earnings guidance for the fourth quarter of fiscal year 2022. For the quarter, the company expects net reven...

Neutral

JPMorgan Chase & Co., Tech/Auto Forum During th...

2021-11-23 14:23:00

JPMorgan Chase & Co., Tech/Auto Forum During the 2022 International CES, Jan 05, 2022. Venue: Bellagio Hotel, Las Vegas, Nevada, United States.

Positive

Marvell Technology, Inc. Announces Bond Exchange

2021-11-16 21:42:00

Marvell Technology, Inc. announced that on November 16, 2021 it commenced an offer to exchange (the “Exchange Offer”) certain of the Company’s...

Positive

Marvell Ships High-Volume SONiC-Enabled Product...

2021-11-10 14:00:00

Marvell announced that it is shipping SONiC-enabled production switch silicon of its Teralynx® 9K and Prestera® 8K devices in high-volume to t...

Neutral

Marvell Technology, Inc. Presents at UBS Global...

2021-11-09 19:30:00

Marvell Technology, Inc. Presents at UBS Global TMT Virtual Conference, Dec-06-2021 04:00 PM. Venue: New York, United States. Speakers: Ashish...

Positive

Marvell Technology, Inc. has announced a Fixed-...

2021-11-05 00:00:00

Marvell Technology, Inc. has announced a Fixed-Income Exchange Offer in the amount of $913.211 million. Security Name: 4.200% Senior Subord...

Neutral

Marvell Technology, Inc. to Report Q3, 2022 Res...

2021-11-04 20:05:00

Marvell Technology, Inc. announced that they will report Q3, 2022 results on Dec 02, 2021

Neutral

Marvell Technology, Inc., Q3 2022 Earnings Call...

2021-11-04 20:05:00

Marvell Technology, Inc., Q3 2022 Earnings Call, Dec 02, 2021

Positive

Marvell Announces Commercial Switch Platforms w...

2021-10-12 12:30:00

Marvell announced that its Prestera® Ethernet switch platforms incorporating Dent are being deployed by leading enterprise customers worldwide...

Positive

Marvell Technology, Inc. Announces Results of S...

2021-10-08 20:05:00

Marvell Technology, Inc. announced the final results of the Company's offer to exchange certain of the Company's outstanding unregistered note...

Positive

Marvell Technology, Inc. Expands 5nm Data Infra...

2021-10-05 12:35:00

Marvell announced the expansion of its industry-leading 5nm data infrastructure platform with the launch of the industry's first 5nm 50G PAM4 ...

Positive

Marvell Technology, Inc. (NasdaqGS:MRVL) comple...

2021-10-05 00:00:00

Marvell Technology, Inc. (NasdaqGS:MRVL) entered into definitive agreement to acquire Innovium, Inc. for approximately $1 billion on August 2,...

Neutral

Marvell Technology, Inc. has filed a Shelf Regi...

2021-10-05 00:00:00

Marvell Technology, Inc. has filed a Shelf Registration in the amount of $70.99724 million. Security Name: Common Stock Securities Offered...

Positive

Marvell Technology, Inc. Declares Quarterly Div...

2021-09-23 20:05:00

Marvell Technology, Inc. announced a quarterly dividend of $0.06 per share of common stock payable on October 27, 2021 to shareholders of reco...

Positive

Marvell Technology, Inc., $ 0.06, Cash Dividend...

2021-09-22 00:00:00

Marvell Technology, Inc., $ 0.06, Cash Dividend, Oct-07-2021

Positive

Marvell Technology to Seek Acquisitions

2021-09-09 19:10:00

Marvell Technology, Inc. (NasdaqGS:MRVL) will look for acquisitions. Jean Hu, Chief Financial Officer said, “We'll be opportunistic on acquisi...

Neutral

Marvell Technology, Inc. - Analyst/Investor Day

2021-09-08 20:05:00

Marvell Technology, Inc. - Analyst/Investor Day

Neutral

Marvell Technology, Inc. Presents at Deutsche B...

2021-09-07 15:09:00

Marvell Technology, Inc. Presents at Deutsche Bank Technology Conference 2021, Sep-09-2021 03:10 PM.

Neutral

Tranche Update on Marvell Technology, Inc. (Nas...

2021-08-27 16:06:00

From May 2, 2021 to July 31, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed ...

Neutral

Marvell Technology, Inc. has filed a Shelf Regi...

2021-08-27 00:00:00

Marvell Technology, Inc. has filed a Shelf Registration in the amount of $1.232259 billion. Security Name: Common Stock Security Name: D...

Positive

Marvell Technology, Inc. has announced a Fixed-...

2021-08-27 00:00:00

Marvell Technology, Inc. has announced a Fixed-Income Exchange Offer in the amount of $2 billion. Security Name: 1.650% Senior Subordinated...

Neutral

Marvell Technology, Inc. Provides Earnings Guid...

2021-08-26 20:05:00

Marvell Technology, Inc. provides earnings guidance for the third quarter ending October 30, 2021. For the quarter, the company expects Net re...

Neutral

UBS Investment Bank, UBS Global TMT Virtual Con...

2021-08-25 17:29:00

UBS Investment Bank, UBS Global TMT Virtual Conference, Dec 06, 2021 through Dec 08, 2021. Venue: New York, United States.

Neutral

Marvell Technology, Inc. to Report Q2, 2022 Res...

2021-08-03 11:05:00

Marvell Technology, Inc. announced that they will report Q2, 2022 results on Aug 26, 2021

Neutral

Marvell Technology, Inc., Q2 2022 Earnings Call...

2021-08-03 11:05:00

Marvell Technology, Inc., Q2 2022 Earnings Call, Aug 26, 2021

Positive

Innovium, Inc., Marvell Technology, Inc. - M&A Call

2021-08-03 11:00:00

To discuss on Marvell will acquire Innovium in an all-stock transaction

Positive

Marvell Technology, Inc. (NasdaqGS:MRVL) entere...

2021-08-03 00:00:00

Marvell Technology, Inc. (NasdaqGS:MRVL) entered into definitive agreement to acquire Innovium, Inc. for approximately $1 billion on August 2,...

Positive

Sonatus, Inc. announced that it has received $3...

2021-07-21 00:00:00

On July 21, 2021, Sonatus, Inc. closed the transaction. The company received $35,000,000 led by new investor TransLink Capital. The transactio...

Positive

Marvell Introduces New OCTEON® 10 DPU

2021-06-28 09:00:00

Marvell introduced its new OCTEON® 10 DPU designed to accelerate and process a broad spectrum of security, networking, and storage workloads r...

Negative

Marvell Technology, Inc.(NasdaqGS:MRVL) dropped from Russell Midcap Index

2022-06-24 00:00:00

Marvell Technology, Inc.(NasdaqGS:MRVL) dropped from Russell Midcap Index

Negative

Marvell Technology, Inc.(NasdaqGS:MRVL) dropped from Russell Midcap Value Index

2022-06-24 00:00:00

Marvell Technology, Inc.(NasdaqGS:MRVL) dropped from Russell Midcap Value Index

Positive

Marvell Technology, Inc.(NasdaqGS:MRVL) added to Russell Top 200 Index

2022-06-24 00:00:00

Marvell Technology, Inc.(NasdaqGS:MRVL) added to Russell Top 200 Index

Positive

Marvell Technology, Inc.(NasdaqGS:MRVL) added to Russell Top 200 Value Index

2022-06-24 00:00:00

Marvell Technology, Inc.(NasdaqGS:MRVL) added to Russell Top 200 Value Index

Positive

Marvell Technology, Inc. Expands Operations in Canada

2022-06-13 13:00:00

Marvell Technology, Inc. announced a significant expansion of its Canadian presence in Ottawa, Toronto, and Vancouver with plans for ongoing growth. The company added over 120 new employees to the Marvell Canada team this year to support the continued growth and scale of its global operations. Canada is a market of growing strategic importance for Marvell as the company continues to advance its leadership in cloud-optimized silicon. Marvell's engineers in Ottawa, Toronto, and Vancouver work on developing critical technologies and solutions for the fastest growing, most lucrative end markets in semiconductors, including cloud, 5G, and automotive. The growing talent pool across these sites is highly skilled in areas of software, digital, analog and mixed-signal IC engineering, hardware, as well as customer enablement functions. With a significant number of new and existing customer deployments across its core markets, Marvell has become the essential partner for cloud-optimized silicon and that demand will continue fueling the company's strong growth in the years to come. In the coming months, Marvell also plans to establish closer ties with leading Canadian academic institutions, including established partnerships with University of Toronto, Carleton University and University of Waterloo, through collaboration on various programs such as internship opportunities, recruitment fairs and talent acquisition. Additionally, Marvell has plans to engage with eight additional universities for the 2023 calendar year.

Neutral

Marvell Joins Universal Chiplet Interconnect Express Consortium

2022-06-08 13:00:00

Marvell announced that the company has joined the Universal Chiplet Interconnect Express (UCIe) Consortium as part of its ongoing development of open chiplet interconnect standards. Marvell's contributions to the UCIe standard will leverage the company's advanced chiplet interconnect and packaging experience to help further the consortium's objective of developing open standards that create a more robust ecosystem for inter-operable chiplets. Marvell's UCIe participation is complementary to the company's existing work in the Open Compute Project (OCP) and Optical Internetworking Forum (OIF) which is aimed at the development of open standards-based solutions for connecting single or multi-node 5nm and 3nm chiplets. Through these experiences, Marvell brings advanced domain knowledge and a unique perspective that will help align and optimize global chiplet interconnect standards for a range of applications with differing requirements such as CXL, Ethernet and custom low-latency connectivity while fostering chiplet interoperability.

Neutral

Marvell Technology, Inc. Presents at Bank of America 2022 Global Technology Conference, Jun-07-2022 11:00 AM

2022-06-06 05:47:00

Marvell Technology, Inc. Presents at Bank of America 2022 Global Technology Conference, Jun-07-2022 11:00 AM. Venue: Ritz Carlton, San Francisco, California, United States. Speakers: Ashish Saran, Senior Vice President, Investor Relations, Jean X. Hu, Chief Financial Officer.

Positive

Marvell Technology, Inc. Declares Quarterly Dividend, Payable on July 27, 2022

2022-06-02 20:12:00

Marvell Technology, Inc. announced a quarterly dividend of $0.06 per share of common stock payable on July 27, 2022 to shareholders of record as of July 8, 2022.

Positive

Marvell Introduces Automotive Ethernet Switch with Lockstep Dual-Core Reliability for Safer Vehicles

2022-05-31 13:15:00

Marvell introduced its third generation Marvell® Brightlane™ Ethernet Switch, automotive secure managed switch, and the first with lockstep dual-core Arm processing redundancy to enable high-reliability for mission-critical applications that support vehicle safety and performance. As the leading digital framework for next-generation Ethernet-based zonal architectures, the new automotive switch also includes a suite of advanced security and networking features, along with increased bandwidth and port counts as compared to the previous generation. The third generation Brightlane Ethernet Switch is a high-performance, fully integrated design that incorporates IEEE 802.1AE-2018-compliant Media Access Control security (MACsec) protocols and an embedded Hardware Security Module (eHSM) for software authentication and data encryption. It also integrates 10Base-T1S capabilities into an automotive Ethernet switch for the first time, along with 100/1000Base-T1 PHYs, 2.5G/10G SerDes and PCIe Gen3 ports, reducing the number of components and security threat surfaces. In addition, the Brightlane Ethernet Switch supports the latest Time-Sensitive Networking (TSN) standards to reduce latency and ensure quality of service (QoS) for essential vehicular connectivity, including the IEEE 802.1CB standard for data redundancy. The new Brightlane Ethernet Switch is designed to meet the requirements of the ISO 26262 ASIL-B safety standard and comes in two versions: The 88Q5152/51 version is a nine-port design, while the 88Q5192 version is a 16-port design. The third generation Brightlane Ethernet Switch is part of Marvell's complete portfolio of automotive Brightlane Ethernet switches, PHY transceivers and bridges, which support speeds from 100Mbps to 10Gbps and feature the enhanced safety and security features required for today's and tomorrow's in-vehicle networks.

Neutral

Marvell Technology, Inc. Presents at The Six Five Summit, Jun-08-2022 08:00 AM

2022-05-30 08:34:00

Marvell Technology, Inc. Presents at The Six Five Summit, Jun-08-2022 08:00 AM. Speakers: Matthew J. Murphy, President, CEO & Director.

Neutral

Futurum Research, Moor Insights & Strategy, the Six Five Summit, Jun 07, 2022 through Jun 09, 2022

2022-05-28 09:25:00

Futurum Research, Moor Insights & Strategy, The Six Five Summit, Jun 07, 2022 through Jun 09, 2022.

Neutral

Tranche Update on Marvell Technology, Inc. (NasdaqGS:MRVL)'s Equity Buyback Plan announced on November 17, 2016.

2022-05-27 16:04:00

From January 30, 2022 to May 20, 2022, the company has repurchased 1,200,000 shares, representing 0.14% for $68.36 million. With this, the company has completed the repurchase of 62,957,088 shares, representing 11.36% for $1,203.89 million under the buyback announced on November 17, 2016.

Neutral

Marvell Technology, Inc. Provides Earnings Guidance for the Three Months Ended July 30, 2022

2022-05-26 20:05:00

Marvell Technology, Inc. provided earnings guidance for the three months ended July 30, 2022. For the period, the company expects GAAP net revenue to be $1,515 +/- 3% and GAAP diluted net income per share to be $0.06 +/- $0.04.

Neutral

Marvell Technology, Inc. - Special Call

2022-05-15 04:58:00

Marvell’s vision for transforming cloud data centers with CXL - hosted by J.P. Morgan

Positive

Marvell Technology, Inc. (NasdaqGS:MRVL) entered into an definitive agreement to acquire Tanzanite Silicon Solutions, Inc.

2022-05-09 00:00:00

Marvell Technology, Inc. (NasdaqGS:MRVL) entered into an definitive agreement to acquire Tanzanite Silicon Solutions, Inc. on May 9, 2022. The transaction is subject to the satisfaction of customary closing conditions, including approval by Tanzanite’s shareholders. The transaction is expected to close in the second quarter of the current fiscal year.

Neutral

Marvell Technology, Inc. - Shareholder/Analyst Call

2022-05-06 16:39:00

AGM

Neutral

Marvell Technology, Inc. to Report Q1, 2023 Results on May 26, 2022

2022-04-28 20:06:00

Marvell Technology, Inc. announced that they will report Q1, 2023 results on May 26, 2022

Neutral

Marvell Technology, Inc., Q1 2023 Earnings Call, May 26, 2022

2022-04-28 20:06:00

Marvell Technology, Inc., Q1 2023 Earnings Call, May 26, 2022

Neutral

Marvell Technology, Inc., Annual General Meeting, Jun 23, 2022

2022-04-20 12:46:00

Marvell Technology, Inc., Annual General Meeting, Jun 23, 2022, at 10:00 Pacific Standard Time. Agenda: To elect the ten (10) directors named in the accompanying proxy statement who will hold office until the earlier of the 2023 Annual Meeting or their resignation or removal; to approve named executive officer compensation on an advisory basis; to amend the Marvell Technology, Inc. 2000 Employee Stock Purchase Plan to remove the term of the plan and to remove the annual evergreen feature of the plan; and to ratify the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for its fiscal year ending January 28, 2023.

Negative

Marvell Technology, Inc. Announces Changes to Its Board of Directors

2022-04-20 12:30:00

Marvell Technology, Inc. announced the appointment of Sara Andrews, Chief Information Security Officer at Experian, to its board of directors. In addition, incumbent director Bethany Mayer, who joined the Marvell Board in 2018, has chosen to not stand for reelection at the upcoming Annual Meeting of Stockholders which is currently scheduled for June 23, 2022. In addition to her role on Marvell's Board, Ms. Andrews serves as the Chief Information Security Officer at Experian. She is also on the Board of Directors at Mandiant and has previously served on the Board of LogMeIn. Prior to joining Experian, Sara served as the Senior Vice President and Chief Information Security Officer at PepsiCo, Inc., where she was responsible for safeguarding networks and data across all PepsiCo business units and brands globally. She served as Chief Network Security Officer of Verizon Communications, Inc. from 1997 to 2014, during which time she led several organizations responsible for the security of all Verizon wireline networks serving Verizon's residential, small business and enterprise customers.

Positive

D-Matrix Corporation announced that it has received $44 million in funding from Playground Global, LLC, M12, SK hynix Inc., Nautilus Ventures LLC, Marvell Technology, Inc., Entrada Ventures

2022-04-20 00:00:00

On April 20, 2022, D-Matrix Corporation closed the transaction. The company has received $44,000,000 in the transaction. The series A round of funding led by new investor, Playground Global, LLC. The transaction includes participation from new investors, M12, SK hynix Inc. and existing investors, Nautilus Ventures LLC, Marvell Technology, Inc. and Entrada Ventures.

Neutral

Marvell Technology, Inc. Presents at The Linley Spring Processor Conference, Apr-20-2022 03:00 PM

2022-04-15 13:06:00

Marvell Technology, Inc. Presents at The Linley Spring Processor Conference, Apr-20-2022 03:00 PM. Venue: Hyatt Regency Hotel, Santa Clara, California, United States. Speakers: Cary Ussery, Vice President Software and Support, Processor Business Unit.

Neutral

The Linley Group, Inc., the Linley Spring Processor Conference, Apr 20, 2022 through Apr 21, 2022

2022-04-15 12:00:00

The Linley Group, Inc., The Linley Spring Processor Conference, Apr 20, 2022 through Apr 21, 2022. Venue: Hyatt Regency Hotel, Santa Clara, California, United States.

Neutral

The Linley Group, Inc., the Linley Spring Processor Conference, Apr 20, 2022 through Apr 21, 2022

2022-04-15 12:00:00

The Linley Group, Inc., The Linley Spring Processor Conference, Apr 20, 2022 through Apr 21, 2022. Venue: Hyatt Regency Hotel, Santa Clara, California, United States.

Neutral

Bank of America Corporation, Bank of America 2022 Global Technology Conference, Jun 07, 2022 through Jun 09, 2022

2022-03-17 14:07:00

Bank of America Corporation, Bank of America 2022 Global Technology Conference, Jun 07, 2022 through Jun 09, 2022. Venue: Ritz Carlton, San Francisco, California, United States.

Neutral

Tranche Update on Marvell Technology, Inc. (NasdaqGS:MRVL)'s Equity Buyback Plan announced on November 17, 2016.

2022-03-10 16:06:00

From October 31, 2021 to January 29, 2022, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 61,757,088 shares, representing 11.22% for $1,135.53 million under the buyback announced on November 17, 2016.

Positive

Marvell Technology, Inc., $ 0.06, Cash Dividend, Apr-07-2022

2022-03-01 00:00:00

Marvell Technology, Inc., $ 0.06, Cash Dividend, Apr-07-2022

Neutral

Light Reading LLC, LightReading Optical Networking Digital Symposium, Feb 08, 2022 through Feb 10, 2022

2022-01-20 15:07:00

Light Reading LLC, LightReading Optical Networking Digital Symposium, Feb 08, 2022 through Feb 10, 2022.

Neutral

Marvell Technology, Inc. Presents at Tech/Auto Forum During the 2022 International CES, Jan-05-2022 08:25 AM

2022-01-04 00:00:00

Marvell Technology, Inc. Presents at Tech/Auto Forum During the 2022 International CES, Jan-05-2022 08:25 AM. Venue: Bellagio Hotel, Las Vegas, Nevada, United States.

Neutral

Wi-LAN Subsidiary Polaris Signs License Agreement with Marvell

2021-12-31 11:30:00

Wi-LAN Inc. announced that WiLAN's wholly-owned subsidiary, Polaris Innovations Limited, has entered into a license agreement granting rights to certain patents owned by Polaris to Marvell Technology Inc. The licensed Polaris patents generally relate to memory interface technologies. The consideration payable to Polaris by Marvell and all other terms of the license agreement are confidential.

Positive

Marvell Technology, Inc. Declares Quarterly Dividend Payment, Payable on January 26, 2022

2021-12-17 21:05:00

Marvell Technology, Inc. announced a quarterly dividend of $0.06 per share of common stock payable on January 26, 2022 to shareholders of record as of January 7, 2022.

Positive

Marvell Technology, Inc. Announces Completion of Exchange Offer for Senior Notes

2021-12-16 21:05:00

Marvell Technology, Inc. announced the final results of the Company's offer to exchange certain of the Company's outstanding unregistered notes for new registered notes. Under the Exchange Offer, the Company offered to exchange up to (i) $433,817,000 aggregate principal amount of its outstanding 4.200% Senior Notes due 2023 and (ii) $479,394,000 aggregate principal amount of its outstanding 4.875% Senior Notes due 2028 (the "Outstanding 2028 Notes" and, together with the Outstanding 2023 Notes, the "Outstanding Notes") which were originally issued in a private placement, for a like principal amount of new issues of (i) 4.200% Senior Notes due 2023 (the "2023 Exchange Notes") and (ii) 4.875% Senior Notes due 2028 (the "2028 Exchange Notes" and, together with the 2023 Exchange Notes, the "Exchange Notes") the issuance of which has been registered under the Securities Act of 1933, as amended. The Exchange Offer expired at 5:00 p.m.New York City time, on December 15, 2021 (the "Expiration Date"). As of the Expiration Date, (i) $433,808,000, or 99.998%, of the aggregate principal amount of Outstanding 2023 Notes and (ii) $479,394,000, or 100.000%, of the aggregate principal amount of Outstanding 2028 Notes had been validly tendered and not validly withdrawn. The Company accepted all of the Outstanding Notes which were validly tendered and not validly withdrawn as of the Expiration Date and issued a like principal amount of Exchange Notes in exchange for such Outstanding Notes. The Company did not receive any proceeds from the Exchange Offer. The settlement of the Exchange Offer is expected to occur on or about December 16, 2021.

Positive

Marvell Technology, Inc., $ 0.06, Cash Dividend, Jan-06-2022

2021-12-16 00:00:00

Marvell Technology, Inc., $ 0.06, Cash Dividend, Jan-06-2022

Positive

D-Matrix Corporation announced that it expects to receive $36.784034 million in funding

2021-12-13 00:00:00

D-Matrix Corporation announced that it will issue 15,322,269 series A preferred shares at a price of $1.89267 per share for gross proceeds of $28,999,998.86823, and 5,140,895 series A-1 preferred shares at a price of $1.51414 per share for gross proceeds of $7,784,034.7553, for aggregate gross proceeds of $36,784,033.62353 on December 13, 2021. The shares are non-cumulative, and non-redeemable. The series A shares, and series A-1 shares will be convertible into common shares at a fixed conversion price of $1.89267, and $1.51414 per share respectively.

Positive

Marvell and OE Solutions Announces Collaboration to Deliver Production-Ready 100G QSFP-DD Optical Modules for 5G Backhaul and Metro Access Applications

2021-12-07 14:05:00

Marvell and OE Solutions announced a collaboration to deliver the production-ready 100G QSFP-DD optical modules optimized for 5G backhaul and Metro Access applications scheduled for product release in early 2022. The OE Solutions 100G QSFP-DD Coherent Transceiver with the Marvell® Deneb™ Coherent DSP (CDSP) will enable the transition of 10G to 100G coherent solutions, delivering unprecedented performance and scalability for emerging 5G, metro and access applications. Marvell and OE Solutions are leading the transition to power and cost-optimized 100G coherent solutions to address the capacity growth in metro access and 5G driven backhaul networks. This is the 100G QSFP-DD transceiver supporting industrial temperature covering all access 100G upgrade use cases.

Positive

Marvell Introduces 50G PAM4 DSP Chipset for Next Generation 5G RAN Optical Fronthaul

2021-12-07 14:00:00

Marvell announced the industry's first 50Gbps PAM4 DSP and TIA chipset solution for 5G fronthaul, which enables performance for integrated radio access networks (RAN), as well as Open (O-RAN) and virtualized (vRAN) architectures. To meet growing 5G capacity demands, carriers are seeking advanced fronthaul solutions that scale beyond 25G. The Marvell® AtlasOne™ chipset, optimized for superior performance and up to 25% lower power consumption1, is part of a market-leading electro-optics portfolio that puts Marvell at the forefront of this transition. 5G adoption is accelerating among consumers and expanding into new enterprise and industrial markets. To prepare for the anticipated surge in 5G traffic, carriers are upgrading radio capacity with wider bandwidths – up to 200 MHz – and massive MIMO technology with up to 64 transmit and receive antennas per Radio Unit (RU). In order to realize these capacity gains, the corresponding fronthaul bandwidth needs to be concurrently increased to 50G, which is driving demand for the AtlasOne platform. O-RAN and vRAN architectures also amplify AtlasOne advantages. O-RAN enables carriers to accelerate capacity upgrades by selecting the best-in-class radio and fronthaul solutions from different vendors as soon as the most advanced solutions become available. With vRAN, baseband capacity instances can be aggregated in a Distributed Unit (DU) and dynamically shared among multiple RUs. When sufficient radio and fronthaul bandwidths are provisioned, carriers can adaptively shift capacity towards unforeseen traffic spikes to improve network efficiency and user experience. Together with OEM partners, Marvell's combination of industry-leading AtlasOne fronthaul, widely deployed OCTEON Fusion® RAN silicon, Prestera® switches and Alaska® Ethernet PHYs, are helping operators push the envelope of 5G network performance.

Neutral

Marvell Technology, Inc. Presents at Barclays Global TMT Conference 2021, Dec-08-2021 01:10 PM

2021-12-07 09:32:00

Marvell Technology, Inc. Presents at Barclays Global TMT Conference 2021, Dec-08-2021 01:10 PM.

Neutral

Tranche Update on Marvell Technology, Inc. (NasdaqGS:MRVL)'s Equity Buyback Plan announced on November 17, 2016.

2021-12-03 16:04:00

From August 1, 2021 to October 30, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 61,757,088 shares, representing 11.22% for $1,135.53 million under the buyback announced on November 17, 2016.

Positive

Marvell Technology, Inc. Launches 802.1AE MACsec Integrated Dual 1000BT1 and 100BT1 PHY Automotive Solutions

2021-12-02 21:11:00

Marvell Technology, Inc. introduced the 802.1AE MACsec integrated dual 1000BT1 and 100BT1 PHYs. The newly announced products extend Marvell's leadership in automotive Ethernet PHY while aiding OEMs in the transition toward software-defined vehicles, where secure communication of data is a critical requirement. These Ethernet PHY solutions enable energy efficient, secure in-vehicle networks and assist in achieving functional safety compliance at the system level. MACsec technology secures data exchange on a hop-by-hop basis and prevents Layer 2 security threats such as intrusion, man-in-the-middle, and replay attacks. Automotive networks rely heavily on partial networking in which some segments are hibernated and woken up on demand. Marvell's latest PHYs support the Open Alliance TC10 for sleep mode and wake-up, tailored for automotive use cases. TC10 control signals are sent over the data line and minimize the need for special cables for remote control of the PHY states. Rapid electrification of vehicles has resulted in reduced power budget for each component. Marvell's new dual 1000BT1 88Q2233M with MACsec and 100BT1 88Q120xM with MACsec are the latest additions to the Brightlane PHY automotive portfolio. With the introduction of these groundbreaking solutions, Marvell achieves several industry firsts, including the first to launch an 802.3bp compliant dual 1000BT1 PHY with MACsec integrated, and the first to launch an 802.3bw compliant 100BT1 PHY with MACsec integrated. As automotive networks are required to work in noisy environments, devices must be able to work together without interference. All components on the network should meet the electromagnetic interference/electromagnetic compatibility (EMI/EMC) requirements in accordance with the Open Alliance TC1 and TC12. As Marvell's third-generation automotive ethernet PHYs, 88Q2233M and 88Q120xM are built on proven automotive architectures that deliver best-in-class EMI/EMC performance. Key Features: 88Q2233M: Dual 1000BASE-T1, IEEE 802.3bp-compliant Ethernet PHY supports operation over unshielded twisted pair (UTP); 88Q120xM: 100BASE-T1, IEEE 802.3bw-compliant Ethernet PHY supports operation over unshielded twisted pair (UTP); Supports IEEE 802.1AE MACsec: Support MACsec that provides layer 2 security and prevents security threats such as intrusion, man-in-the-middle, and replay attacks; Supports OPEN Alliance TC10 Sleep Mode: Support TC10 fast wake-sleep mechanism to enable partial networking; 802.1AS, 802.1AS-Rev PTP: Support precision timing protocol that enables extremely precise time synchronization of networks; Integrated Voltage Regulators: Support single 3.3V supply mode and saves overall BOM cost; and ASPICE Level 2 software: Enables faster time-to-market with reuse of a flexible API and robust solution.

Positive

Marvell Unveils Brightlane Automotive Ethernet Innovations to Accelerate the Software-Defined Vehicle Era

2021-12-02 21:10:00

Marvell Technology, Inc. introduced the multi-gig Ethernet camera bridge solution, 88QB5224, for best-in-class video distribution in connected vehicles. As cars become smarter, connected and software-oriented, scalable automotive solutions will increasingly power software-defined vehicles. The key technology for scalability is an Ethernet backbone that connects all domain electronic control units (ECUs) as well as cameras and sensors to central compute devices in the vehicle. This groundbreaking Ethernet device is the latest addition to Marvell's Brightlane™ automotive portfolio, which is delivering a host of innovative and secure solutions for the vehicles of the future. Marvell's new multi-gig Ethernet camera bridge provides standardization for in-vehicle video distribution in multiple areas including IEEE 802.3ch compliant 10GBASE-T1 PHY, IEEE 802.1AE MACsec for security, time synchronization, energy efficient Ethernet for power savings, power over data line, and time sensitive network. The Ethernet-based camera bridge enables development of interoperable software that delivers key services through a multilayer communication stack. It also provides a mature ecosystem of service delivery through software-based architecture. Marvell is first to launch a 10G Ethernet camera bridge for distributing uncompressed video, and the first to aggregate four cameras through a single device.

Neutral

Marvell Technology, Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2022

2021-12-02 21:05:00

Marvell Technology, Inc. provided earnings guidance for the fourth quarter of fiscal year 2022. For the quarter, the company expects net revenue to be $1.320 billion, plus or minus 3%. GAAP diluted loss per share to be between negative $0.03 plus or minus earnings per share of $0.04.

Neutral

JPMorgan Chase & Co., Tech/Auto Forum During the 2022 International CES, Jan 05, 2022

2021-11-23 14:23:00

JPMorgan Chase & Co., Tech/Auto Forum During the 2022 International CES, Jan 05, 2022. Venue: Bellagio Hotel, Las Vegas, Nevada, United States.

Positive

Marvell Technology, Inc. Announces Bond Exchange

2021-11-16 21:42:00

Marvell Technology, Inc. announced that on November 16, 2021 it commenced an offer to exchange (the “Exchange Offer”) certain of the Company’s outstanding unregistered notes for new registered notes. Under the Exchange Offer, the Company is offering to exchange up to (i) $433,817,000 aggregate principal amount of new 4.200% Senior Notes due 2023 and (ii) $479,394,000 aggregate principal amount of new 4.875% Senior Notes due 2028 (together, the “Exchange Notes”), the issuance of which has been registered under the Securities Act of 1933, as amended (the “Securities Act”), for a like principal amount of its unregistered (i) $433,817,000 aggregate principal amount of its outstanding 4.200% Senior Notes due 2023 and (ii) $479,394,000 aggregate principal amount of its outstanding 4.875% Senior Notes due 2028 (together, the “Outstanding Notes”). The terms of the Exchange Notes offered in the Exchange Offer are substantially identical to the terms of the respective series of the Outstanding Notes, except that the Exchange Notes will be registered under the Securities Act, and certain transfer restrictions, registration rights, and additional interest provisions relating to the Outstanding Notes will not apply to the Exchange Notes. The purpose of the Exchange Offer is to fulfill the Company’s obligations under the applicable registration rights agreement entered into in connection with the issuance of the Outstanding Notes. The Company will not receive any proceeds from the Exchange Offer.

Positive

Marvell Ships High-Volume SONiC-Enabled Production Switch Silicon into Tier-1 Clouds

2021-11-10 14:00:00

Marvell announced that it is shipping SONiC-enabled production switch silicon of its Teralynx® 9K and Prestera® 8K devices in high-volume to tier-1 cloud customers. Leveraging Switch Abstraction Interface (SAI) and Software for Open Networking in the Cloud (SONiC), Marvell's Teralynx and Prestera devices are bringing greater flexibility and choice to cloud data centers grappling with the demand for greater bandwidth as data growth continues to surge. Through its continued investment in SAI, commitment to delivering disaggregated solutions based on SONiC, and support for open systems through ODMs and OEMs, Marvell is enabling faster innovation, agility and improved total cost of ownership (TCO). SONiC is an open-source network operating system (NOS) based on Linux and built on SAI that runs on switches from multiple vendors. SONiC running on Marvell's Teralynx and Prestera switch silicon devices provides cloud customers with more choice and interoperability as well as the ability to scale. By enabling the disaggregation of network software and hardware for cloud data centers, Marvell is helping facilitate faster time-to-market of deployments, greater innovation and ultimately, cost savings. Underscoring its commitment to open source and interoperability, Marvell is demonstrating the leading-edge capabilities of its networking and electro-optics portfolio. Leveraging the SONiC network operating system, the demo showcases a complete data center offering which includes Marvell's Teralynx and Prestera switches, and its electro-optics modules and DSPs. The demo, which can be viewed here, illustrates how open-source technology enables disaggregated solutions in a cloud data center fabric in a leaf-spine topology and includes the following technologies: Teralynx switches delivering scalable performance with high radix, best-in-class latency and advanced telemetry. Prestera switches architected from the ground up with insightful telemetry, flow-aware intelligence, scalable performance and advanced integrated security technologies. Marvell Electro-Optics including COLORZ® II 400ZR in QSFP-DD form factor, PAM4 DSPs, TIAs and drivers bring unprecedented power efficiency and speed for data center interconnect (DCI) applications. Keysight Technologies SONiC Test Platform validating device performance and conformance and driving SONiC adoption through standardized testing.

Neutral

Marvell Technology, Inc. Presents at UBS Global TMT Virtual Conference, Dec-06-2021 04:00 PM

2021-11-09 19:30:00

Marvell Technology, Inc. Presents at UBS Global TMT Virtual Conference, Dec-06-2021 04:00 PM. Venue: New York, United States. Speakers: Ashish Saran, Vice President of Investor Relations, Matthew J. Murphy, President, CEO & Director.

Positive

Marvell Technology, Inc. has announced a Fixed-Income Exchange Offer in the amount of $913.211 million.

2021-11-05 00:00:00

Marvell Technology, Inc. has announced a Fixed-Income Exchange Offer in the amount of $913.211 million. Security Name: 4.200% Senior Subordinated Unsecured Notes due June 22, 2023 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: $433.817 million Price\Range: 100% Security Features: Callable; Senior; Subordinated; Unsecured Coupon Type: Fixed Security Name: 4.875% Senior Subordinated Unsecured Notes due June 22, 2028 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: $479.394 million Price\Range: 100% Security Features: Callable; Senior; Subordinated; Unsecured Coupon Type: Fixed Transaction Features: Exchange Offer

Neutral

Marvell Technology, Inc. to Report Q3, 2022 Results on Dec 02, 2021

2021-11-04 20:05:00

Marvell Technology, Inc. announced that they will report Q3, 2022 results on Dec 02, 2021

Neutral

Marvell Technology, Inc., Q3 2022 Earnings Call, Dec 02, 2021

2021-11-04 20:05:00

Marvell Technology, Inc., Q3 2022 Earnings Call, Dec 02, 2021

Positive

Marvell Announces Commercial Switch Platforms with Dent to Accelerate Smart Retail and Enterprise Edge Infrastructure

2021-10-12 12:30:00

Marvell announced that its Prestera® Ethernet switch platforms incorporating Dent are being deployed by leading enterprise customers worldwide, enabling a new era of autonomous networking. Dent, a project of The Linux Foundation, provides an open, modern network operating system supported by a rich ecosystem of software providers and hardware ODMs to bring lower total cost of ownership and efficient operation to the distributed enterprise edge. With these customer deployments, Marvell is helping to accelerate the build-out of Ethernet switching infrastructure in emerging applications in the borderless enterprise, such as autonomous retail, by offering faster and secure connectivity. The new technologies offered by Marvell in collaboration with the Dent ecosystem and Linux Foundation allow retailers to transform physical stores to smart retail connected environments that benefit consumers through easy, efficient, and effortless in-store experiences. With Dent's first release of its Linux-based network operating system, codenamed "Arthur," on Marvell's Prestera switch platforms, enterprises can easily transition to disaggregated networks while benefiting from flexibility in deployment and customization by virtue of open source. Dent uses the Linux 5.6 Kernel and leverages SwitchDev to simplify integrations, eliminate complex abstractions, and support existing Linux toolchains.

Positive

Marvell Technology, Inc. Announces Results of Senior Notes Exchange

2021-10-08 20:05:00

Marvell Technology, Inc. announced the final results of the Company's offer to exchange certain of the Company's outstanding unregistered notes for new registered notes. Under the Exchange Offer, the Company offered to exchange up to $500,000,000 aggregate principal amount of new 1.650% Senior Notes due 2026 (the "Outstanding 2026 Notes"), $750,000,000 aggregate principal amount of new 2.450% Senior Notes due 2028 (the "Outstanding 2028 Notes"), and $750,000,000 aggregate principal amount of new 2.950% Senior Notes due 2031 (the "Outstanding 2031 Notes" and together with the Outstanding 2026 Notes and the Outstanding 2028 Notes, the "Exchange Notes"), the issuance of which has been registered under the Securities Act of 1933, as amended (the "Securities Act"), for a like principal amount of its unregistered $500,000,000 aggregate principal amount of its outstanding 1.650% Senior Notes due 2026, $750,000,000 aggregate principal amount of its outstanding 2.450% Senior Notes due 2028, and $750,000,000 aggregate principal amount of its outstanding 2.950% Senior Notes due 2031 (collectively, the "Outstanding Notes"). The terms of the Exchange Notes offered in the Exchange Offer are substantially identical to the terms of the respective series of the Outstanding Notes, except that the Exchange Notes are registered under the Securities Act, and certain transfer restrictions, registration rights, and additional interest provisions relating to the Outstanding Notes do not apply to the Exchange Notes. The Exchange Offer expired at 5:00 p.m. New York City time, on October 7, 2021. As of the Expiration Date, $500,000,000, or 100.00%, of the aggregate principal amount of Outstanding 2026 Notes, $749,480,000, or 99.99%, of the aggregate principal amount of Outstanding 2028 Notes, and $750,000,000, or 100.00%, of the aggregate principal amount of Outstanding 2031 Notes, had been validly tendered and not validly withdrawn.

Positive

Marvell Technology, Inc. Expands 5nm Data Infrastructure Portfolio with New Prestera Carrier Switch and OCTEON 10 DPU

2021-10-05 12:35:00

Marvell announced the expansion of its industry-leading 5nm data infrastructure platform with the launch of the industry's first 5nm 50G PAM4 device for the carrier market, the Prestera® DX 7321 Ethernet switch. The new switch builds on the success of the Prestera carrier-optimized portfolio and is ideal for 5G fronthaul and edge connectivity. In concert with this, Marvell's 5nm OCTEON® 10 DPU family, incorporating industry-leading hardware accelerators, is now sampling. By utilizing the industry's leading advanced process geometry, the Marvell Prestera switch and OCTEON DPU deliver 50% lower power than existing offerings, enabling new infrastructure solutions for next-generation carrier edge networks and RAN deployment models. With the addition of the 5nm Prestera device, the expanded carrier-optimized switch portfolio now comprises four cutting-edge Ethernet switches that scale port speeds from 1Gbps to 400Gbps with aggregate bandwidths ranging from 200Gbps to 1.6Tbps. The newest offering enhances Marvell's 5G solutions for Open RAN, vRAN and traditional RAN architectures, with Class D precision time protocol (PTP), which provides more timing headroom to enable larger cell coverage radius. The switch device incorporates integrated MACsec security and advanced telemetry to facilitate network visibility and automation. This innovative Prestera switch complements Marvell's high performance, end-to-end 5G network portfolio comprising of leading-edge OCTEON Fusion® baseband processors and OCTEON multi-core DPUs, including the latest OCTEON 10 offering. Marvell's OCTEON 10 family is optimized to address the most demanding workloads required by 5G, cloud, carrier and enterprise data center applications. To deliver best-in-class performance, power and cost across these applications, each OCTEON 10 device combines the optimal mix of compute, hardware acceleration, data path bandwidth, and industry-leading I/O including PCIe 5.0 and DDR5. Marvell's 5G network solutions also include Alaska® Ethernet PHYs and a broad portfolio of optical solutions for edge, metro and long-haul applications. In addition, Marvell's COLORZ® II 400ZR/ZR+ coherent optical modules are enabling carriers with high-capacity, long-reach DWDM connectivity directly from Ethernet switches. Availability: The 5nm Prestera switch and 5nm OCTEON 10 5nm DPU are available on October 5, 2021.

Positive

Marvell Technology, Inc. (NasdaqGS:MRVL) completed the acquisition of Innovium, Inc.

2021-10-05 00:00:00

Marvell Technology, Inc. (NasdaqGS:MRVL) entered into definitive agreement to acquire Innovium, Inc. for approximately $1 billion on August 2, 2021. Under the terms of the definitive agreement, Innovium shareholders will receive consideration consisting of approximately 19.05 million shares of Marvell Common Stock that will be issued in aggregate in exchange for all outstanding equity of Innovium, including shares of Innovium’s Preferred and Common Stock, employee equity awards, warrants and other rights of Innovium. The acquisition price includes Innovium cash and exercise proceeds expected at closing of approximately $145 million, resulting in a net cost to Marvell of $955 million. As per the terms, Innovium Common Stock, Preferred Stock, Series A, B, C, D and D2 will have an exchange ratio of 0.144 and Preferred Stock Series E and F will have an exchange ratio of 0.147 and 0.1755 respectively. The transaction is subject to the satisfaction of customary closing conditions, including approval by Innovium’s shareholders and applicable regulatory approvals. The board of directors of both companies have approved the transaction. The transaction is expected to close by the end of calendar 2021. The transaction is expected to be neutral to Marvell’s non-GAAP earnings per share in the first full quarter after the transaction closes, and accretive in the first full fiscal year thereafter. Gibson, Dunn & Crutcher LLP acted as legal advisor while Qatalyst Partners LP acted as financial advisor for Marvell. Goodwin Procter LLP acted as legal advisor for Innovium. Marvell Technology, Inc. (NasdaqGS:MRVL) completed the acquisition of Innovium, Inc. on October 5, 2021.

Neutral

Marvell Technology, Inc. has filed a Shelf Registration in the amount of $70.99724 million.

2021-10-05 00:00:00

Marvell Technology, Inc. has filed a Shelf Registration in the amount of $70.99724 million. Security Name: Common Stock Securities Offered: 1,232,805 Transaction Features: ESOP Related Offering

Positive

Marvell Technology, Inc. Declares Quarterly Dividend, Payable on October 27, 2021

2021-09-23 20:05:00

Marvell Technology, Inc. announced a quarterly dividend of $0.06 per share of common stock payable on October 27, 2021 to shareholders of record as of October 11, 2021.

Positive

Marvell Technology, Inc., $ 0.06, Cash Dividend, Oct-07-2021

2021-09-22 00:00:00

Marvell Technology, Inc., $ 0.06, Cash Dividend, Oct-07-2021

Positive

Marvell Technology to Seek Acquisitions

2021-09-09 19:10:00

Marvell Technology, Inc. (NasdaqGS:MRVL) will look for acquisitions. Jean Hu, Chief Financial Officer said, “We'll be opportunistic on acquisitions. The key driver principles for our team is it has to be strategic and targeted and the market. It has to be financially making sense. So there are a lot of criterias. The team executed on M&A transactions. I do think if there's optimistic acquisition we can do to continue to broaden our portfolio and increase our future growth opportunities. We definitely will look at it. We have the capacity to do it. But frankly, we are more focused on just generating more cash flow and get to the point we can return cash to shareholders”.

Neutral

Marvell Technology, Inc. - Analyst/Investor Day

2021-09-08 20:05:00

Marvell Technology, Inc. - Analyst/Investor Day

Neutral

Marvell Technology, Inc. Presents at Deutsche Bank Technology Conference 2021, Sep-09-2021 03:10 PM

2021-09-07 15:09:00

Marvell Technology, Inc. Presents at Deutsche Bank Technology Conference 2021, Sep-09-2021 03:10 PM.

Neutral

Tranche Update on Marvell Technology, Inc. (NasdaqGS:MRVL)'s Equity Buyback Plan announced on November 17, 2016.

2021-08-27 16:06:00

From May 2, 2021 to July 31, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 61,757,088 shares, representing 11.22% for $1,135.53 million under the buyback announced on November 17, 2016.

Neutral

Marvell Technology, Inc. has filed a Shelf Registration in the amount of $1.232259 billion.

2021-08-27 00:00:00

Marvell Technology, Inc. has filed a Shelf Registration in the amount of $1.232259 billion. Security Name: Common Stock Security Name: Debt Securities Security Name: Warrants Security Name: Units Transaction Features: Omnibus/Universal Shelf Registration

Positive

Marvell Technology, Inc. has announced a Fixed-Income Exchange Offer in the amount of $2 billion.

2021-08-27 00:00:00

Marvell Technology, Inc. has announced a Fixed-Income Exchange Offer in the amount of $2 billion. Security Name: 1.650% Senior Subordinated Unsecured Notes due April 15, 2026 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: $500 million Price\Range: 100% Security Features: Callable; Senior; Subordinated; Unsecured Coupon Type: Fixed Security Name: 2.450% Senior Subordinated Unsecured Notes due April 15, 2028 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: $750 million Price\Range: 100% Security Features: Callable; Senior; Subordinated; Unsecured Coupon Type: Fixed Security Name: 2.950% Senior Subordinated Unsecured Notes due April 15, 2031 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: $750 million Price\Range: 100% Security Features: Callable; Senior; Subordinated; Unsecured Coupon Type: Fixed Transaction Features: Exchange Offer

Neutral

Marvell Technology, Inc. Provides Earnings Guidance for the Third Quarter Ending October 30, 2021

2021-08-26 20:05:00

Marvell Technology, Inc. provides earnings guidance for the third quarter ending October 30, 2021. For the quarter, the company expects Net revenue to be $1.145 billion +/- 3%. GAAP diluted loss per share is expected to be $0.10 +/- $0.04 per share.

Neutral

UBS Investment Bank, UBS Global TMT Virtual Conference, Dec 06, 2021 through Dec 08, 2021

2021-08-25 17:29:00

UBS Investment Bank, UBS Global TMT Virtual Conference, Dec 06, 2021 through Dec 08, 2021. Venue: New York, United States.

Neutral

Marvell Technology, Inc. to Report Q2, 2022 Results on Aug 26, 2021

2021-08-03 11:05:00

Marvell Technology, Inc. announced that they will report Q2, 2022 results on Aug 26, 2021

Neutral

Marvell Technology, Inc., Q2 2022 Earnings Call, Aug 26, 2021

2021-08-03 11:05:00

Marvell Technology, Inc., Q2 2022 Earnings Call, Aug 26, 2021

Positive

Innovium, Inc., Marvell Technology, Inc. - M&A Call

2021-08-03 11:00:00

To discuss on Marvell will acquire Innovium in an all-stock transaction

Positive

Marvell Technology, Inc. (NasdaqGS:MRVL) entered into definitive agreement to acquire Innovium, Inc. approximately $1 billion.

2021-08-03 00:00:00

Marvell Technology, Inc. (NasdaqGS:MRVL) entered into definitive agreement to acquire Innovium, Inc. for approximately $1 billion on August 2, 2021. Under the terms of the definitive agreement, Innovium shareholders will receive consideration consisting of approximately 19.05 million shares of Marvell Common Stock that will be issued in aggregate in exchange for all outstanding equity of Innovium, including shares of Innovium’s Preferred and Common Stock, employee equity awards, warrants and other rights of Innovium. The acquisition price includes Innovium cash and exercise proceeds expected at closing of approximately $145 million, resulting in a net cost to Marvell of $955 million. As per the terms, Innovium Common Stock, Preferred Stock, Series A, B, C, D and D2 will have an exchange ratio of 0.144 and Preferred Stock Series E and F will have an exchange ratio of 0.147 and 0.1755 respectively. The transaction is subject to the satisfaction of customary closing conditions, including approval by Innovium’s shareholders and applicable regulatory approvals. The board of directors of both companies have approved the transaction. The transaction is expected to close by the end of calendar 2021. The transaction is expected to be neutral to Marvell’s non-GAAP earnings per share in the first full quarter after the transaction closes, and accretive in the first full fiscal year thereafter. Gibson, Dunn & Crutcher LLP acted as legal advisor while Qatalyst Partners LP acted as financial advisor for Marvell. Goodwin Procter LLP acted as legal advisor for Innovium.

Positive

Sonatus, Inc. announced that it has received $35 million in funding from a group of investors

2021-07-21 00:00:00

On July 21, 2021, Sonatus, Inc. closed the transaction. The company received $35,000,000 led by new investor TransLink Capital. The transaction also included participation from other new investors including Kia Corporation, LG Electronics Inc., Wanxiang Group Corporation, UMC Capital, Marvell Technology, Inc. and SAIC Venture Capital.

Positive

Marvell Introduces New OCTEON® 10 DPU

2021-06-28 09:00:00

Marvell introduced its new OCTEON® 10 DPU designed to accelerate and process a broad spectrum of security, networking, and storage workloads required by demanding 5G, cloud, carrier and enterprise datacenter applications. With the increasing shift of workloads to the cloud, complex security requirements and the growing number of edge devices the demand for data centric compute has accelerated. By combining compute with best-in-class hardware accelerators, the company’s OCTEON 10 DPU offers a significant TCO advantage and features numerous industry firsts. Delivering three times the performance and 50% lower power compared to previous generations of OCTEON, the newly announced solution is the first to be designed on a 5nm process to incorporate Arm® Neoverse™ N2 cores, as well as the first inline artificial intelligence/machine learning (AI/ML) hardware acceleration, the first integrated 1 terabit switch and the first to incorporate vector packet processing (VPP) hardware accelerators.

Fundamental Summary

Marvell's financial results from Q1 demonstrated decent performance but will likely only help Marvell remain on par with its peers. We do believe, though, that macro-related market conditions will influence the stock's performance more significantly than its individual results. We gave Marvell a 61 rating and a HOLD recommendation.

Marvell reported earnings results for the first quarter ended April 30, 2022. For the first quarter, the company reported sales was USD 1,446.9 million compared to USD 832.3 million a year ago. Net loss was USD 165.7 million compared to USD 88.2 million a year ago. Basic loss per share from continuing operations was USD 0.2 compared to USD 0.13 a year ago. Diluted loss per share from continuing operations was USD 0.2 compared to USD 0.13 a year ago.

Business Description

Marvell, together with its subsidiaries, designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; ASIC; and printer System-on-a-Chip products and application processors. The company also provides a range of storage products comprising storage controllers for hard disk drives (HDD) and solid-state drives that support various host system interfaces consisting of serial attached SCSI (SAS), serial advanced technology attachment (SATA), peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics; and fiber channel products, including host bus adapters, and controllers for server and storage system connectivity. It has operations in the United States, China, Malaysia, the Philippines, Thailand, Singapore, India, Israel, Japan, South Korea, Taiwan, and Vietnam. Marvell was incorporated in 1995 and is headquartered in Wilmington, Delaware.

Sector Overview

Marvell is included in the Semiconductors & Semiconductor Equipment according to GICS (global industry classification standard). The Semiconductors & Semiconductor Equipment industry is part of the Information Technology sector. It includes manufacturers of semiconductors, semiconductor equipment, and related products. Marvell's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Assets 22,038.7 -0.3% 84
Liabilities 6,573.7 2.6% 71
Price to Book 2.5 -34.2% 51
Cash & Equivalents 465.0 -24.2% 46
Equity 15,465.0 -1.5% 50
EBITDA 1,555.3 24.6% 89
Total Revenues 5,077.0 13.8% 41
Parameter Value Change Score
Return on Equity -3.3 5.7% 88
Net Cashflow -57.4 57.4% 94
Capital Expenditure -184.8 -9.2% 58
Asset Turnover 0.2 -13.6% 46
Free Cashflow 1.0 24.8% 84

* All values are TTM

The below chart reflects Marvell's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Marvell's peer average final assessment score stands on 71.0, Marvell's score is 61.

  •  MRVL
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
NVIDIA Corporation 422.4B 71 63 82
Hold
76
76 0 1
Intel Corporation 157.9B 77 76 58
Hold
75
75 1 1
Texas Instruments Incorporated 143.5B 76 74 70
Buy
80
80 2 1
QUALCOMM Incorporated 142.4B 82 66 77
Buy
82
82 3 1
Advanced Micro Devices, Inc. 139.6B 88 59 57
Hold
69
69 4 1
Broadcom Inc. 102.5B 62 71 85
Buy
79
79 5 1
Applied Materials, Inc. 84.9B 60 72 69
Hold
69
69 6 1
Analog Devices, Inc. 78.3B 69 65 84
Hold
78
78 7 1
Micron Technology, Inc. 65.6B 81 74 80
Strong Buy
89
89 8 1
Lam Research Corporation 62.4B 59 74 68
Hold
70
70 9 1
KLA Corporation 50.5B 66 67 74
Hold
72
72 10 1
NXP Semiconductors N.V. 41.7B 64 71 73
Hold
73
73 11 1
Microchip Technology Incorporated 33.6B 78 71 79
Buy
85
85 12 1
GLOBALFOUNDRIES Inc. 24.5B 78 70 64
Hold
75
75 13 1
ON Semiconductor Corporation 23.5B 81 73 70
Buy
82
82 14 1
Monolithic Power Systems, Inc. 19.4B 84 66 77
Buy
83
83 15 1
SolarEdge Technologies, Inc. 16.5B 82 53 43
Underperform
54
54 16 1
Skyworks Solutions, Inc. 15.8B 62 70 71
Hold
70
70 17 1
Teradyne, Inc. 15.7B 51 75 68
Hold
66
66 18 1
Entegris, Inc. 14.2B 70 69 65
Hold
70
70 19 1
Qorvo, Inc. 10.6B 67 71 73
Hold
75
75 20 1
First Solar, Inc. 7.5B 58 73 53
Underperform
60
60 21 1
Lattice Semiconductor Corporation 7.2B 68 71 77
Hold
78
78 22 1
MKS Instruments, Inc. 6.0B 70 74 59
Hold
70
70 23 1
Universal Display Corporation 5.4B 75 68 71
Hold
76
76 24 1
Silicon Laboratories Inc. 5.3B 71 70 86
Buy
84
84 25 1
CMC Materials, Inc. 5.2B 80 76 75
Strong Buy
87
87 26 1
Tower Semiconductor Ltd. 5.1B 65 79 68
Buy
79
79 27 1
Synaptics Incorporated 5.1B 81 68 67
Hold
76
76 28 1
Power Integrations, Inc. 4.5B 61 80 82
Buy
83
83 29 1
Amkor Technology, Inc. 4.3B 74 70 60
Hold
71
71 30 1
Cirrus Logic, Inc. 4.1B 86 67 91
Strong Buy
92
92 31 1
Allegro MicroSystems, Inc. 4.1B 74 61 56
Hold
62
62 32 1
Semtech Corporation 3.6B 67 75 78
Buy
80
80 33 1
MACOM Technology Solutions Holdings, Inc. 3.4B 69 76 69
Hold
77
77 34 1
SunPower Corporation 3.2B 61 49 74
Underperform
56
56 35 1
FormFactor, Inc. 3.1B 83 80 68
Strong Buy
87
87 36 1
Diodes Incorporated 3.1B 61 76 72
Hold
75
75 37 1
Silicon Motion Technology Corporation 2.9B 54 72 61
Hold
65
65 38 1
Nova Ltd. 2.8B 61 70 54
Hold
64
64 39 1
MaxLinear, Inc. 2.7B 76 75 88
Strong Buy
91
91 40 1
Ambarella, Inc. 2.7B 63 71 80
Hold
77
77 41 1
Kulicke and Soffa Industries, Inc. 2.7B 57 79 83
Buy
80
80 42 1
Rambus Inc. 2.4B 48 64 90
Hold
69
69 43 1
Canadian Solar Inc. 2.2B 58 72 71
Hold
72
72 44 1
Axcelis Technologies, Inc. 1.9B 81 67 82
Buy
85
85 45 1
Credo Technology Group Holding Ltd 1.7B 88 60 53
Hold
67
67 46 1
Himax Technologies, Inc. 1.6B 77 70 67
Buy
79
79 47 1
Impinj, Inc. 1.4B 72 59 65
Hold
65
65 48 1
Ultra Clean Holdings, Inc. 1.4B 63 63 62
Hold
60
60 49 1
Cohu, Inc. 1.4B 57 75 59
Hold
64
64 50 1
Photronics, Inc. 1.3B 68 71 83
Buy
81
81 51 1
SMART Global Holdings, Inc. 1.1B 86 65 62
Hold
75
75 52 1
Veeco Instruments Inc. 1.0B 58 76 71
Hold
72
72 53 1
Alpha and Omega Semiconductor Limited 957.1M 77 69 54
Hold
68
68 54 1
PDF Solutions, Inc. 813.0M 62 71 89
Buy
82
82 55 1
CEVA, Inc. 804.5M 73 71 71
Hold
77
77 56 1
Ichor Holdings, Ltd. 789.3M 59 67 59
Underperform
59
59 57 1
Maxeon Solar Technologies, Ltd. 603.6M 53 49 84
Hold
60
60 58 1
Enphase Energy, Inc. 27.8B 58 57 60
Underperform
53
53 59 1
Wolfspeed, Inc. 8.7B 73 69 55
Hold
67
67 60 1
Daqo New Energy Corp. 5.4B 93 65 89
Strong Buy
95
95 61 1
SiTime Corporation 3.8B 58 64 62
Underperform
59
59 62 1
Onto Innovation Inc. 3.7B 77 67 85
Buy
85
85 63 1
JinkoSolar Holding Co., Ltd. 3.3B 89 62 74
Buy
81
81 64 1
Camtek Ltd. 1.1B 66 68 71
Hold
74
74 65 1
ACM Research, Inc. 950.7M 52 67 50
Underperform
50
50 66 1
NeoPhotonics Corporation 837.4M 66 69 72
Hold
72
72 67 1
Hanwha Q CELLS Co., Ltd. 818.9M 72 70 68
Hold
71
71 68 1
indie Semiconductor, Inc. 752.7M 44 43 85
Underperform
50
50 69 1
Magnachip Semiconductor Corporation 681.9M 74 90 57
Buy
83
83 70 1
Mykrolis Corp. 657.1M 72 67 75
Hold
76
76 71 1
Navitas Semiconductor Corporation 575.2M 67 53 90
Hold
72
72 72 1
Rigetti Computing, Inc. 426.1M 98 73 58
Buy
85
85 73 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 56 66 73
Hold
62
62 74 1
Meta Materials Inc. 414.9M 41 43 84
Underperform
47
47 75 1
Helix Technology Corporation 364.9M 65 74 61
Hold
68
68 76 1
Valens Semiconductor Ltd. 350.3M 75 65 66
Hold
75
75 77 1
Rockley Photonics Holdings Limited 338.0M 41 79 59
Underperform
58
58 78 1
CyberOptics Corporation 278.5M 74 71 72
Buy
78
78 79 1
Transphorm, Inc. 260.9M 45 68 88
Hold
69
69 80 1

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Marvell's stock is now priced above its 5-day, but below its 50-day and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near-term. The company is trading near it's 12-month low, which signals it struggle to keep above it support price. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Marvell's stock indicates that it's likely oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 52.

Bearish 52
Close Price 47.65
52W Low 45.04
52W High 91.51
5D MA 47.11
50D MA 55.79
200D MA 67.79
MACD -3.04
RSI 27.59
STOCH 16.33

Balance Sheet Analysis

Overall, Marvell's critical balance sheet metrics appear to signal strong support and a high likelihood of positive growth going forward. The company's assets section could set high expectations for Marvell's future attractiveness, as they went to 22038.7, which is a -0.3% change from the last period. These results, specifically in contrast to their industry peers' performance, should support an upswing in the company's stock price. The company's asset component, therefore, received a grade of 84. Also, In terms of liabilities, Marvell published good numbers. Their reported liabilities were 6573.7, representing a 2.6% change from the previous report. This performance is all interesting relative to their peers and suggests that their stock price has room to grow to reflect a higher intrinsic value. Therefore, we rated their liabilities movement with a score of 71. That said, one metric, Cash & Equivalents, stood out as particularly concerning. Marvell reported concerning cash and cash equivalents metrics in this filing. Specifically, they reported that cash and cash equivalents were 465.0, representing a -24.2% change from the last period. This performance is significantly less impressive than its peers and competitors. Discouraging results like these statistically lead to negative pressure in stock prices, so we rated their cash and cash equivalents with a score of 46. Consequently, their balance sheet earned a rank of 60.

Parameter Value Change Score
Assets 22,038.7 -0.3% 84
Liabilities 6,573.7 2.6% 71
Price to Book 2.5 -34.2% 51
Cash & Equivalents 465.0 -24.2% 46
Equity 15,465.0 -1.5% 50
* All values are TTM

The below chart describes Marvell's performance as reflected on its balance sheet with respect to its peers. While Marvell received a balance sheet score of 60, the average of its peers stands on 70.0.

  •  MRVL
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
NVIDIA Corporation 422.4B 78 70 65 97 54 71 0 1
Intel Corporation 157.9B 65 69 76 90 81 77 1 1
Texas Instruments Incorporated 143.5B 63 70 87 46 84 76 2 1
QUALCOMM Incorporated 142.4B 57 71 96 80 81 82 3 1
Advanced Micro Devices, Inc. 139.6B 94 61 78 96 81 88 4 1
Broadcom Inc. 102.5B 67 79 59 56 54 62 5 1
Applied Materials, Inc. 84.9B 71 72 64 41 55 60 6 1
Analog Devices, Inc. 78.3B 62 80 66 65 66 69 7 1
Micron Technology, Inc. 65.6B 73 69 85 76 74 81 8 1
Lam Research Corporation 62.4B 73 77 59 51 45 59 9 1
KLA Corporation 50.5B 75 62 73 53 66 66 10 1
NXP Semiconductors N.V. 41.7B 72 68 56 62 76 64 11 1
Microchip Technology Incorporated 33.6B 65 84 76 72 65 78 12 1
GLOBALFOUNDRIES Inc. 24.5B 81 66 73 82 74 78 13 1
ON Semiconductor Corporation 23.5B 74 69 77 88 82 81 14 1
Monolithic Power Systems, Inc. 19.4B 85 65 75 92 80 84 15 1
SolarEdge Technologies, Inc. 16.5B 77 62 77 96 86 82 16 1
Skyworks Solutions, Inc. 15.8B 69 77 64 46 52 62 17 1
Teradyne, Inc. 15.7B 48 81 63 45 47 51 18 1
Entegris, Inc. 14.2B 62 71 75 55 79 70 19 1
Qorvo, Inc. 10.6B 64 83 64 67 55 67 20 1
First Solar, Inc. 7.5B 77 70 50 58 57 58 21 1
Lattice Semiconductor Corporation 7.2B 53 79 79 60 64 68 22 1
MKS Instruments, Inc. 6.0B 59 74 72 76 72 70 23 1
Universal Display Corporation 5.4B 57 76 83 85 70 75 24 1
Silicon Laboratories Inc. 5.3B 89 81 60 45 47 71 25 1
CMC Materials, Inc. 5.2B 65 79 73 87 82 80 26 1
Tower Semiconductor Ltd. 5.1B 68 72 69 61 57 65 27 1
Synaptics Incorporated 5.1B 71 71 78 92 76 81 28 1
Power Integrations, Inc. 4.5B 55 82 59 79 56 61 29 1
Amkor Technology, Inc. 4.3B 70 68 75 74 77 74 30 1
Cirrus Logic, Inc. 4.1B 73 76 81 96 74 86 31 1
Allegro MicroSystems, Inc. 4.1B 68 69 74 80 76 74 32 1
Semtech Corporation 3.6B 58 79 68 67 64 67 33 1
MACOM Technology Solutions Holdings, Inc. 3.4B 64 75 74 38 75 69 34 1
SunPower Corporation 3.2B 72 81 42 83 53 61 35 1
FormFactor, Inc. 3.1B 72 70 84 82 80 83 36 1
Diodes Incorporated 3.1B 46 78 71 51 72 61 37 1
Silicon Motion Technology Corporation 2.9B 40 85 60 40 47 54 38 1
Nova Ltd. 2.8B 86 45 76 48 82 61 39 1
MaxLinear, Inc. 2.7B 68 71 75 85 75 76 40 1
Ambarella, Inc. 2.7B 45 75 74 86 65 63 41 1
Kulicke and Soffa Industries, Inc. 2.7B 45 83 61 76 56 57 42 1
Rambus Inc. 2.4B 43 82 41 95 54 48 43 1
Canadian Solar Inc. 2.2B 91 54 59 62 62 58 44 1
Axcelis Technologies, Inc. 1.9B 76 68 85 71 74 81 45 1
Credo Technology Group Holding Ltd 1.7B 94 61 77 79 86 88 46 1
Himax Technologies, Inc. 1.6B 78 55 91 85 95 77 47 1
Impinj, Inc. 1.4B 62 68 78 39 92 72 48 1
Ultra Clean Holdings, Inc. 1.4B 55 78 68 48 68 63 49 1
Cohu, Inc. 1.4B 52 82 57 59 59 57 50 1
Photronics, Inc. 1.3B 53 85 66 76 66 68 51 1
SMART Global Holdings, Inc. 1.1B 90 63 75 95 82 86 52 1
Veeco Instruments Inc. 1.0B 84 72 41 78 47 58 53 1
Alpha and Omega Semiconductor Limited 957.1M 89 64 67 87 67 77 54 1
PDF Solutions, Inc. 813.0M 54 81 64 90 51 62 55 1
CEVA, Inc. 804.5M 82 74 60 87 60 73 56 1
Ichor Holdings, Ltd. 789.3M 59 76 65 38 63 59 57 1
Maxeon Solar Technologies, Ltd. 603.6M 87 68 40 78 38 53 58 1
Enphase Energy, Inc. 27.8B 89 61 39 97 55 58 59 1
Wolfspeed, Inc. 8.7B 96 63 58 97 56 73 60 1
Daqo New Energy Corp. 5.4B 92 62 81 95 93 93 61 1
SiTime Corporation 3.8B 57 67 65 73 64 58 62 1
Onto Innovation Inc. 3.7B 84 71 67 72 73 77 63 1
JinkoSolar Holding Co., Ltd. 3.3B 87 62 77 94 94 89 64 1
Camtek Ltd. 1.1B 63 61 82 37 90 66 65 1
ACM Research, Inc. 950.7M 87 57 51 43 50 52 66 1
NeoPhotonics Corporation 837.4M 89 66 49 72 64 66 67 1
Hanwha Q CELLS Co., Ltd. 818.9M 60 93 47 85 74 72 68 1
indie Semiconductor, Inc. 752.7M 49 54 72 56 56 44 69 1
Magnachip Semiconductor Corporation 681.9M 56 78 79 72 72 74 70 1
Mykrolis Corp. 657.1M 77 53 73 92 79 72 71 1
Navitas Semiconductor Corporation 575.2M 37 80 80 62 80 67 72 1
Rigetti Computing, Inc. 426.1M 94 62 85 99 98 98 73 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 60 71 61 60 69 56 74 1
Meta Materials Inc. 414.9M 51 78 42 41 51 41 75 1
Helix Technology Corporation 364.9M 66 77 79 85 52 65 76 1
Valens Semiconductor Ltd. 350.3M 92 70 66 45 73 75 77 1
Rockley Photonics Holdings Limited 338.0M 48 82 40 37 52 41 78 1
CyberOptics Corporation 278.5M 71 66 72 64 86 74 79 1
Transphorm, Inc. 260.9M 41 87 39 47 55 45 80 1

Income Statement Analysis

EBITDA and Return Factors stand out as the most significant drivers of Marvell's income statement's strength. Marvell's management did a remarkable job this period managing its EBITDA. In terms of the raw numbers, EBITDA was reported as 1555.3, which represents a 24.6% change from the last period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 13.2%. Its EBITDA metrics highlight an impressive overall financial performance, which is expected to continue moving forward. Therefore, its EBITDA component earned a score of 89. Also, In this filing, Marvell reported a return on equity (ROE) ratio of -3.3, which represents a change of 5.7%. The company appears headed in the right direction in terms of these return factors, exhibiting prudent capital expenditure growth compared to its peers. Consequently, their return factors received a grade of 88. On the other hand, Revenue Efficiency, jumped out as looking rather underwhelming. Marvell management did an underwhelming job managing revenue efficiency this past period. Marvell's revenue efficiency is 5077.0 according to the metrics in the current filing, which represents a 13.8% change from the previous report. This metric might have a 18.5 percent impact on companies in the same industry and with the same market capitalization. Their revenue efficiency does not make a compelling case for upward pressure on the company's stock price. Consequently, their revenue efficiency received a grade of 41. Therefore, their income statement earned a grade of 64.

Parameter Value Change Score
EBITDA 1,555.3 24.6% 89
Total Revenues 5,077.0 13.8% 41
Return on Equity -3.3 5.7% 88
* All values are TTM

The below chart describes Marvell's performance as reflected on its income statement with respect to its peers. While Marvell received a income statement score of 64 , the average of its peers stands on 69.0.

  •  MRVL
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
NVIDIA Corporation 422.4B 46 83 68 63 0 1
Intel Corporation 157.9B 90 55 73 76 1 1
Texas Instruments Incorporated 143.5B 69 78 71 74 2 1
QUALCOMM Incorporated 142.4B 48 87 79 66 3 1
Advanced Micro Devices, Inc. 139.6B 40 89 38 59 4 1
Broadcom Inc. 102.5B 59 80 90 71 5 1
Applied Materials, Inc. 84.9B 72 68 73 72 6 1
Analog Devices, Inc. 78.3B 40 91 93 65 7 1
Micron Technology, Inc. 65.6B 59 88 90 74 8 1
Lam Research Corporation 62.4B 80 63 75 74 9 1
KLA Corporation 50.5B 56 77 77 67 10 1
NXP Semiconductors N.V. 41.7B 59 79 90 71 11 1
Microchip Technology Incorporated 33.6B 57 83 92 71 12 1
GLOBALFOUNDRIES Inc. 24.5B 50 93 85 70 13 1
ON Semiconductor Corporation 23.5B 53 92 94 73 14 1
Monolithic Power Systems, Inc. 19.4B 45 90 83 66 15 1
SolarEdge Technologies, Inc. 16.5B 41 70 48 53 16 1
Skyworks Solutions, Inc. 15.8B 69 70 63 70 17 1
Teradyne, Inc. 15.7B 88 57 62 75 18 1
Entegris, Inc. 14.2B 56 80 80 69 19 1
Qorvo, Inc. 10.6B 76 65 63 71 20 1
First Solar, Inc. 7.5B 98 43 40 73 21 1
Lattice Semiconductor Corporation 7.2B 54 88 89 71 22 1
MKS Instruments, Inc. 6.0B 78 66 65 74 23 1
Universal Display Corporation 5.4B 71 63 61 68 24 1
Silicon Laboratories Inc. 5.3B 44 96 98 70 25 1
CMC Materials, Inc. 5.2B 72 76 93 76 26 1
Tower Semiconductor Ltd. 5.1B 63 87 82 79 27 1
Synaptics Incorporated 5.1B 45 91 90 68 28 1
Power Integrations, Inc. 4.5B 80 76 83 80 29 1
Amkor Technology, Inc. 4.3B 63 76 77 70 30 1
Cirrus Logic, Inc. 4.1B 42 92 93 67 31 1
Allegro MicroSystems, Inc. 4.1B 68 48 67 61 32 1
Semtech Corporation 3.6B 64 84 87 75 33 1
MACOM Technology Solutions Holdings, Inc. 3.4B 74 77 73 76 34 1
SunPower Corporation 3.2B 49 43 72 49 35 1
FormFactor, Inc. 3.1B 79 76 83 80 36 1
Diodes Incorporated 3.1B 66 84 86 76 37 1
Silicon Motion Technology Corporation 2.9B 54 83 78 72 38 1
Nova Ltd. 2.8B 41 89 78 70 39 1
MaxLinear, Inc. 2.7B 56 92 96 75 40 1
Ambarella, Inc. 2.7B 56 89 79 71 41 1
Kulicke and Soffa Industries, Inc. 2.7B 73 82 85 79 42 1
Rambus Inc. 2.4B 48 85 62 64 43 1
Canadian Solar Inc. 2.2B 73 76 53 72 44 1
Axcelis Technologies, Inc. 1.9B 44 91 91 67 45 1
Credo Technology Group Holding Ltd 1.7B 38 88 63 60 46 1
Himax Technologies, Inc. 1.6B 53 84 66 70 47 1
Impinj, Inc. 1.4B 64 53 52 59 48 1
Ultra Clean Holdings, Inc. 1.4B 53 73 71 63 49 1
Cohu, Inc. 1.4B 92 53 49 75 50 1
Photronics, Inc. 1.3B 55 86 92 71 51 1
SMART Global Holdings, Inc. 1.1B 48 86 68 65 52 1
Veeco Instruments Inc. 1.0B 66 84 91 76 53 1
Alpha and Omega Semiconductor Limited 957.1M 62 75 76 69 54 1
PDF Solutions, Inc. 813.0M 49 95 89 71 55 1
CEVA, Inc. 804.5M 51 90 97 71 56 1
Ichor Holdings, Ltd. 789.3M 72 60 55 67 57 1
Maxeon Solar Technologies, Ltd. 603.6M 50 49 60 49 58 1
Enphase Energy, Inc. 27.8B 45 74 55 57 59 1
Wolfspeed, Inc. 8.7B 49 90 86 69 60 1
Daqo New Energy Corp. 5.4B 37 96 94 65 61 1
SiTime Corporation 3.8B 39 93 78 64 62 1
Onto Innovation Inc. 3.7B 47 87 89 67 63 1
JinkoSolar Holding Co., Ltd. 3.3B 38 89 81 62 64 1
Camtek Ltd. 1.1B 50 81 71 68 65 1
ACM Research, Inc. 950.7M 88 42 42 67 66 1
NeoPhotonics Corporation 837.4M 45 95 90 69 67 1
Hanwha Q CELLS Co., Ltd. 818.9M 90 59 63 70 68 1
indie Semiconductor, Inc. 752.7M 37 47 69 43 69 1
Magnachip Semiconductor Corporation 681.9M 94 80 88 90 70 1
Mykrolis Corp. 657.1M 68 68 58 67 71 1
Navitas Semiconductor Corporation 575.2M 56 45 72 53 72 1
Rigetti Computing, Inc. 426.1M 92 44 69 73 73 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 87 49 76 66 74 1
Meta Materials Inc. 414.9M 37 45 70 43 75 1
Helix Technology Corporation 364.9M 89 47 51 74 76 1
Valens Semiconductor Ltd. 350.3M 41 86 65 65 77 1
Rockley Photonics Holdings Limited 338.0M 97 50 83 79 78 1
CyberOptics Corporation 278.5M 54 87 87 71 79 1
Transphorm, Inc. 260.9M 37 81 97 68 80 1

Cash Flow Analysis

Marvell appears likely to maintain its strong cash flow metrics and momentum going forward. Marvell presents exciting net cash flow numbers for its recent financial release, illustrated by a net cash flow of -57.4, which is a change of 57.4% from the last filing. Their net cash flow metrics are especially remarkable relative to their peers. The company's net cash flow, therefore, received a grade of 94. Also, Marvell did a great job related to free cash flow this period, which stood at 1.0, representing a 24.8% change from the previous filing. Companies in the same industry and market capitalization are typically affected by this parameter by up to 7.4%. These free cash flow numbers show that management has executed well while generating cash flow and encouraging growth. Therefore, its free cash flow movement earned a score of 84. That said, one metric, Asset Turnover, stood out as particularly concerning. Marvell's asset turnover metrics were concerning and highlighted potential issues management is having effectively turning assets into sales efficiently. At filing, their asset turnover metrics were 0.2, representing a -13.6% change from the previous period. Companies in the same sector and market capitalization will usually be affected by up to 10.7 percent by this parameter. Their lackluster asset turnover metrics, specifically in contrast to leading industry peers' performance, could present significant headwinds. Correspondingly, their asset turnover movement received a grade of 46. Because the company's management is doing an excellent job managing these critical metrics, the cash flow was given a score of 65.

Parameter Value Change Score
Net Cashflow -57.4 57.4% 94
Capital Expenditure -184.8 -9.2% 58
Asset Turnover 0.2 -13.6% 46
Free Cashflow 1.0 24.8% 84
* All values are TTM

The below chart describes Marvell's performance as reflected on its cash flow with respect to its peers. While Marvell received a cash flow score of 65, the average of its peers stands on 70.0.

  •  MRVL
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
NVIDIA Corporation 422.4B 93 65 61 86 82 0 1
Intel Corporation 157.9B 57 72 68 53 58 1 1
Texas Instruments Incorporated 143.5B 74 74 63 69 70 2 1
QUALCOMM Incorporated 142.4B 65 65 70 87 77 3 1
Advanced Micro Devices, Inc. 139.6B 93 66 69 37 57 4 1
Broadcom Inc. 102.5B 74 76 87 89 85 5 1
Applied Materials, Inc. 84.9B 75 59 69 72 69 6 1
Analog Devices, Inc. 78.3B 78 76 51 94 84 7 1
Micron Technology, Inc. 65.6B 81 85 81 74 80 8 1
Lam Research Corporation 62.4B 72 60 56 75 68 9 1
KLA Corporation 50.5B 70 76 52 79 74 10 1
NXP Semiconductors N.V. 41.7B 59 72 51 85 73 11 1
Microchip Technology Incorporated 33.6B 80 79 48 84 79 12 1
GLOBALFOUNDRIES Inc. 24.5B 54 86 45 64 64 13 1
ON Semiconductor Corporation 23.5B 60 79 55 74 70 14 1
Monolithic Power Systems, Inc. 19.4B 84 78 59 75 77 15 1
SolarEdge Technologies, Inc. 16.5B 46 38 55 52 43 16 1
Skyworks Solutions, Inc. 15.8B 78 57 79 73 71 17 1
Teradyne, Inc. 15.7B 75 65 66 68 68 18 1
Entegris, Inc. 14.2B 60 57 50 77 65 19 1
Qorvo, Inc. 10.6B 78 65 87 71 73 20 1
First Solar, Inc. 7.5B 46 84 56 46 53 21 1
Lattice Semiconductor Corporation 7.2B 79 77 43 82 77 22 1
MKS Instruments, Inc. 6.0B 58 58 92 56 59 23 1
Universal Display Corporation 5.4B 74 81 68 65 71 24 1
Silicon Laboratories Inc. 5.3B 70 89 81 88 86 25 1
CMC Materials, Inc. 5.2B 72 66 68 80 75 26 1
Tower Semiconductor Ltd. 5.1B 76 57 55 58 68 27 1
Synaptics Incorporated 5.1B 85 62 98 55 67 28 1
Power Integrations, Inc. 4.5B 88 77 64 82 82 29 1
Amkor Technology, Inc. 4.3B 46 57 61 71 60 30 1
Cirrus Logic, Inc. 4.1B 83 98 61 90 91 31 1
Allegro MicroSystems, Inc. 4.1B 56 56 77 56 56 32 1
Semtech Corporation 3.6B 79 78 58 79 78 33 1
MACOM Technology Solutions Holdings, Inc. 3.4B 46 78 54 78 69 34 1
SunPower Corporation 3.2B 84 41 39 93 74 35 1
FormFactor, Inc. 3.1B 78 81 66 58 68 36 1
Diodes Incorporated 3.1B 77 61 52 80 72 37 1
Silicon Motion Technology Corporation 2.9B 63 53 46 85 61 38 1
Nova Ltd. 2.8B 58 53 39 56 54 39 1
MaxLinear, Inc. 2.7B 90 92 80 81 88 40 1
Ambarella, Inc. 2.7B 84 95 45 75 80 41 1
Kulicke and Soffa Industries, Inc. 2.7B 93 81 83 74 83 42 1
Rambus Inc. 2.4B 96 73 89 89 90 43 1
Canadian Solar Inc. 2.2B 69 70 74 68 71 44 1
Axcelis Technologies, Inc. 1.9B 81 77 68 85 82 45 1
Credo Technology Group Holding Ltd 1.7B 60 85 37 43 53 46 1
Himax Technologies, Inc. 1.6B 66 77 48 79 67 47 1
Impinj, Inc. 1.4B 70 38 85 73 65 48 1
Ultra Clean Holdings, Inc. 1.4B 68 41 41 76 62 49 1
Cohu, Inc. 1.4B 92 62 71 44 59 50 1
Photronics, Inc. 1.3B 65 92 96 79 83 51 1
SMART Global Holdings, Inc. 1.1B 47 85 95 54 62 52 1
Veeco Instruments Inc. 1.0B 73 82 48 69 71 53 1
Alpha and Omega Semiconductor Limited 957.1M 49 64 45 59 54 54 1
PDF Solutions, Inc. 813.0M 81 98 45 92 89 55 1
CEVA, Inc. 804.5M 57 54 84 83 71 56 1
Ichor Holdings, Ltd. 789.3M 51 37 87 71 59 57 1
Maxeon Solar Technologies, Ltd. 603.6M 87 90 59 88 84 58 1
Enphase Energy, Inc. 27.8B 89 77 64 40 60 59 1
Wolfspeed, Inc. 8.7B 57 74 76 46 55 60 1
Daqo New Energy Corp. 5.4B 78 86 63 96 89 61 1
SiTime Corporation 3.8B 83 87 56 44 62 62 1
Onto Innovation Inc. 3.7B 95 65 88 85 85 63 1
JinkoSolar Holding Co., Ltd. 3.3B 67 69 73 78 74 64 1
Camtek Ltd. 1.1B 69 70 74 72 71 65 1
ACM Research, Inc. 950.7M 62 43 50 54 50 66 1
NeoPhotonics Corporation 837.4M 50 63 67 87 72 67 1
Hanwha Q CELLS Co., Ltd. 818.9M 64 63 74 73 68 68 1
indie Semiconductor, Inc. 752.7M 69 80 52 98 85 69 1
Magnachip Semiconductor Corporation 681.9M 65 56 76 54 57 70 1
Mykrolis Corp. 657.1M 65 69 68 82 75 71 1
Navitas Semiconductor Corporation 575.2M 70 87 94 93 90 72 1
Rigetti Computing, Inc. 426.1M 48 76 51 60 58 73 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 66 64 68 94 73 74 1
Meta Materials Inc. 414.9M 85 56 68 97 84 75 1
Helix Technology Corporation 364.9M 75 62 63 56 61 76 1
Valens Semiconductor Ltd. 350.3M 53 89 90 46 66 77 1
Rockley Photonics Holdings Limited 338.0M 80 72 66 46 59 78 1
CyberOptics Corporation 278.5M 49 74 89 78 72 79 1
Transphorm, Inc. 260.9M 81 87 96 94 88 80 1

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