Marvell Technology, Inc (MRVL) is a company that specializes in data infrastructure semiconductor solutions. Recently, they have released the Marvell Alaska A 1.6T PAM4 digital signal process for active electrical cables. This device is the first of its kind and offers 1.6 Tbps AEC DSP technology to meet the growing demands for bandwidth caused by artificial intelligence (AI) and machine learning applications.
Industry experts predict that the AEC silicon market will experience a 64% annual growth, reaching $1 billion by 2028. Alan Weckel, co-founder of 650 Group, commented on the importance of AI in driving the need for short-reach copper connectivity at 1.6T, praising Marvell for their history of delivering top-tier PAM DSPs to meet these demands.
Broadcom Inc (AVGO) and Marvell have been recognized as leaders in the surging $20 billion to $30 billion custom chip (ASIC) market fueled by generative AI technologies. As of the last check on Thursday, MRVL shares were trading higher by 1.24% at $69.10. This content was created with the assistance of AI tools and reviewed by Benzinga editors. Please note that Benzinga does not offer investment advice and all rights are reserved.
In conclusion, Marvell Technology, Inc has released a new device that offers high-speed digital signal processing capabilities for active electrical cables in order to meet the growing demands for bandwidth caused by AI and machine learning applications. The company has been recognized as a leader in the custom chip (ASIC) market fueled by generative AI technologies and their stock is trading higher than before on Thursday’s check.
It’s important to note that this content was created with the assistance of AI tools and it should be reviewed by a professional before making any investment decisions based on it.