2024-03-12 16:10:27 ET
Summary
- Marvell Technology's Q4'24 earnings report showed growth in the data center segment but declines in enterprise networking, carrier infrastructure, consumer, and automotive/industrials.
- The company expects continued strength in the data center segment and the opportunity to gain market share at the hyperscaler level with the introduction of their 3nm chips in eFY26.
- Marvell's enterprise networking segment may face challenges from competitors like Broadcom as the firm offers a more integrated product with the recent VMware acquisition.
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For further details see:
Marvell's Tug Of War; AI Wins