Posted 4/10/2024, 4:26:41 PM
Marvell Event to Highlight AI Chip Leadership, Expanding Customer Base and Fast Growth
- Marvell could provide details on custom AI chip customers like Amazon and Google who are using its silicon technology
- The company may highlight its strength in custom chips compared to lower-priced Taiwan rivals
- Marvell could reinforce its leading 60%+ market share position in AI optics
- Analysts forecast Marvell's overall AI optics business to grow at a 30%+ CAGR over the next few years
- The event could help underscore Marvell's expanding position in the accelerators market expected to double by 2024 and again by 2027