Shares of Marvell Technology rose Tuesday after the custom chip maker announced an agreement to acquire XConn Technologies in ...
Verdict on MSN
Marvell to buy XConn Technologies in $540m deal
The acquisition will add XConn’s PCIe and CXL portfolio to Marvell, supporting next-generation AI data centre infrastructure.
Marvell Technology, Inc. boosts its CXL portfolio with $540M XConn buyout, targeting AI data centers. Click for why CXL ...
Marvell offers high margins – indicative of pricing power and the ability to generate cash – at a discounted price.
Marvell Technology is reiterated as a buy, citing undervaluation and strategic positioning, despite recent negative returns.
As of Friday, January 02, Marvell Technology, Inc.’s MRVL share price has surged by 5.25%, which has investors questioning if this is right time to sell.
3don MSN
Marvell to buy networking equipment firm XConn in $540 million deal amid AI infrastructure push
Marvell Technology said on Tuesday it will buy networking equipment provider XConn Technologies in a deal worth about $540 ...
JPMorgan sees Marvell Technology, Inc (MRVL) as well-positioned for AI-driven growth; strong demand, data center expansion ...
Chipmaker Marvell Technology Inc.’s stock moved higher today after the company announced plans to acquire the network ...
Investing.com -- Marvell Technology Inc (NASDAQ:MRVL) stock fell 3.5% Tuesday after the company announced it would acquire XConn Technologies, a provider of advanced PCIe and CXL switching silicon, in ...
Marvell's revenue in the ongoing fiscal 2026 year is on track to jump by 42% to $8.2 billion. Earnings growth, on the other ...
Marvell Technology is acquiring XConn Technologies for roughly $540 million in a push to expand its data center connectivity offerings.
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