GoKawiil
Tech News
GlobalFoundries and Marvell Technology have extended their manufacturing partnership, with GlobalFoundries boosting silicon germanium (SiGe) production capacity at its Burlington, Vermont facility. The multi-year deal targets components used in pluggable optical transceivers, near-packaged optics, and co-packaged optics, technologies that data centers need to move data faster than copper wiring allows.
Marvell Technology CEO Matt Murphy told CNBC that the company's ability to earn trust with major cloud computing customers over ten years has driven its shares up about 241% in the past year, far outpacing rival Broadcom's 6.6% gain. He pointed to new AI partnerships with Nvidia and Google, along with custom chip deals with all four major U.S. hyperscalers, as evidence of that trust paying off.
Marvell Technology's shares slid 8% in premarket trading even after the chipmaker beat second-quarter revenue expectations, posting $2.7 billion, up 37% year-over-year and $39 million above its own guidance. The company raised its fiscal 2028 revenue outlook to roughly $18 billion, about 50% growth, from a prior estimate of $16.5 billion, but offered scant detail on how it plans to get there.
At FMS 2026, Marvell pitched a three-part 'AI memory infrastructure' strategy built around CXL, combining its Structera X memory expansion controllers, the Structera S switch, and the Photonic Fabric optical tier from its Celestial AI acquisition. Only the Bravera SC6 PCIe 6.0 SSD controller, sampling in Q4 2026, is genuinely new; the rest has already been shipping or announced over the past two years, with Marvell VP Khurram Malik highlighting reused DDR4 memory paired with CXL as a top use case.