Marvell Technology Inc (NASDAQ:MRVL) shares are trading higher by 3.6% to $122.40 during Monday's session. The company earlier unveiled its custom XPU architecture featuring co-packaged optics technology.
What To Know: Marvell says this innovation enables hyperscalers to scale AI server performance by integrating optical components into XPUs, offering 100x longer data transmission reach compared to copper interconnects.
The company says the architecture facilitates seamless scaling of AI servers, connecting hundreds of XPUs across racks with optimal latency and energy efficiency.
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Marvell's 3D SiPho Engine, a core component of the design, delivers 200Gbps interfaces, doubling bandwidth and reducing power usage by 30%. With eight years of silicon photonics expertise and high-volume deployments, Marvell says the company is poised to drive AI infrastructure scalability.
What Else: Marvell Technology's stock also surged alongside peers Monday, fueled by investor optimism ahead of CES 2025, where Nvidia's keynote is expected to highlight AI advancements. Microsoft's $80 billion AI data center investment and Foxconn's robust cloud, networking, and AI server revenues reinforced confidence in semiconductor demand.
AI and advanced chips are pivotal for tech growth, driving the semiconductor sector's remarkable 2024 rally and supporting expectations for continued gains in 2025 under favorable market conditions.
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How To Buy MRVL Stock
By now you're likely curious about how to participate in the market for Marvell Tech – be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy 'fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.
In the the case of Marvell Tech, which is trading at $122.4 as of publishing time, $100 would buy you 0.82 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to 'go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.
According to data from Benzinga Pro, MRVL has a 52-week high of $126.12 and a 52-week low of $53.19.
