MRVL

<p>Marvell Tech, driven by the AI supercycle, has become the second-highest chip company in the world in terms of AI revenue, second only to NVIDIA. According to the latest financial report, third-quarter revenue was $1.516 billion, a year-on-year increase of 7% and a quarter-on-quarter increase of 19%. Revenue in the AI sector grew by 98% year-on-year and 25% quarter-on-quarter. The company continues to focus on technological innovation, launching multiple new technologies to solidify its market position. The future growth potential is enormous</p>

- Marvell Technology has emerged as the second-highest chip company in global AI revenue, driven by advancements in optical interconnects, Ethernet switch chips, active electrical cables, and custom ASICs.  
- The company's AI revenue grew by 98% year-over-year and 25% quarter-over-quarter, significantly contributing to its overall revenue of $1.516 billion in Q3, surpassing guidance.  
- With a strong focus on technology innovation and strategic partnerships, Marvell is well-positioned to capitalize on the expanding AI market, projected to reach a total addressable market of $75 billion.

Second only to NVIDIA, Marvell Tech becomes the second-highest chip company in AI share