Latest news with #MRVL
Globe and Mail
a day ago
- Business
- Globe and Mail
Marvell Technology's Optics Business Expands: What's on the Horizon?
Marvell Technology 's MRVL optics business is experiencing robust growth as the industry is transitioning to 1.6 Terabit optical interconnects. The company, in its first-quarter fiscal 2026 earnings, reported that its electro-optics products used in AI and cloud computing are one of the proponents that are experiencing this traction. Its latest introduction, the co-packaged optics solutions, which feature higher interconnect densities, longer reach and scalable networking architecture, are an upgrade over the slower the previous generation. These products have optical fibres instead of copper connections, which are optimum for networking needs in AI systems. Marvell Technology's Silicon Photonics Light Engines support speeds up to 6.4T by combining several parts into compact modules, making them ideal for both plug-in and co-packaged uses. These features can help enterprises to scale their large AI workloads. MRVL expects its optics solutions to drive its business in the second quarter of fiscal 2026. Traction in its optics business is a contributing factor in Marvell Technology's top-line growth. Its first-quarter fiscal 2026 revenues grew 63% year over year. The Zacks Consensus Estimate for Marvell Technology's fiscal year 2026 revenues is pegged at $8.22 billion, indicating year-over-year growth of 42.6%. How Competitors Fare Against MRVL As optics are gaining traction among next-generation AI infrastructure, Cloud Data Centers and Scale-Up and Scale-Out Networking, companies like Broadcom AVGO and Coherent Corp. COHR have become Marvell Technology's formidable competitors in this space. Broadcom is a dominant player in the pluggable optics space with offerings, including PAM4 DSPs and optical transceivers. Broadcom directly competes with Marvell Technology across high-speed PAM4, Ethernet PHYs, and optics used in hyperscale AI networks. Coherent also offers optical components, transceivers, coherent optics and optical engines used in data centers, overlapping with Marvell Technology's light engine offerings. Recent growth in AI and ML workloads has ramped up its sales of 800G transceivers and active optical cables. MRVL's Price Performance, Valuation and Estimates Shares of Marvell Technology have lost 34.8% year to date against the Electronics - Semiconductors industry's growth of 14.9%. Marvell Technology YTD Performance Chart From a valuation standpoint, Marvell Technology trades at a forward price-to-sales ratio of 6.95X, lower than the industry's average of 8.66X. Marvell Technology Forward 12 Month (P/S) Chart The Zacks Consensus Estimate for Marvell Technology's fiscal 2026 and 2027 earnings implies year-over-year growth of 77.7% and 27.73%, respectively. The estimates for fiscal 2026 and 2027 have been revised upward in the past 60 days. Marvell Technology currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marvell Technology, Inc. (MRVL): Free Stock Analysis Report Broadcom Inc. (AVGO): Free Stock Analysis Report Coherent Corp. (COHR): Free Stock Analysis Report
Yahoo
7 days ago
- Automotive
- Yahoo
MRVL vs. MCHP: Which Ethernet PHY Transceiver Stock Has an Edge?
Marvell Technology MRVL and Microchip Technology MCHP are key providers of Ethernet PHY Transceivers. Both companies serve different end markets. With different strategies used by both MRVL and MCHP, which stock has an edge in this vertical? Let's dive into the fundamentals, valuations, growth outlook and risks for each company. The Case for Marvell Technology Stock Marvell Technology primarily focuses on providing ethernet PHY solutions for small and medium businesses, the automotive industry, data centers, cloud, high-performance networking and telecom. The company develops a range of legacy ethernet PHY solutions like Alaska C, AQRATE, Alaska M, Alaska X and Alaska Gigabit. Alaska C series is Marvell Technology's High-Speed Line-Card PHYs with models, including Alaska C 9340 P, Alaska C 93160, Alaska C 9121 P, Alaska C 7121P, Alaska C 7120 and Alaska C 5243 P used in hyperscale data center, edge, enterprise and 5G infrastructure applications. However, Marvell Technology is selling its automotive ethernet business to Infineon in an all-cash transaction valued at $2.5 billion to focus on its core offerings that serve hyperscale and data center customers. MRVL's automotive and industrial segment has also been suffering from declining revenues in the past five quarters. Although the automotive division has been on the path of recovery from its past decline, the industrial division is offsetting the recovery due to weakness in revenue recognition. Other broader headwinds like lower gross margins in custom silicon are pressuring the bottom line. The ongoing macroeconomic uncertainties like the U.S. government's evolving stance toward China, from where MRVL gained about 43% of its fiscal 2025 total revenues, are also a concern for the company. Investors' skepticism has also been intensified by the fear of sanctions and persistent tariff threats to China, where Marvell Technology owns research and development facilities. Weakness in MRVL's consumer end market due to volatility in gaming demand and lumpy order patterns is a headwind. The Case for Microchip Technology Stock Microchip Technology develops ethernet 10/100 Mbps PHYs, GigE PHYs, Optical 1/10 Gbps PHYs, High-Density 1–800 GbE PHYs and Single-Pair Ethernet PHYs for consumer electronics, automotive, aerospace, IoT, industrial and enterprise applications. MCHP's 1–800 GbE PHYs are developed for data center, service provider, enterprise and AI/ML use cases. MCHP's recently launched Single-Pair Ethernet for Edge Devices solution, named 10BASE-T1S, used in automotive ethernet, factory automation, HVAC, smart lighting and power systems, is experiencing strong adoption. Alongside its ethernet solutions, MCHP's Switchtec PCIe switches and PIC64 switches are gaining traction. Broadly, the company's industrial, automotive, consumer, and communications divisions are on the path of recovery, and its Aerospace & Defense business is growing at a rapid pace. MCHP's margins are also improving on the back of Inventory reduction among its direct and downstream customers. The company's book to bill ratio has also improved after three years of staying beneath 1, the book to bill ratio in the March-ended quarter was a very healthy 1.07. The Zacks Consensus Estimates for Microchip Technology's top line is pegged at $4.54 billion, which reflects year-over-year growth of 3.2%. Stock Price Performance and Valuation of MRVL and MCHP Year to date, Marvell Technology's shares have plunged 35.9%, while MCHP stock has gained 29.8%. Image Source: Zacks Investment Research MRVL is trading at a forward sales multiple of 6.86X, way below its median of 9.47X, over the past year. MCHP's forward sales multiple sits at 8.35X, significantly above its median of 7.15X over the past year. Image Source: Zacks Investment Research How Do Zacks Estimates Compare for MRVL & MCHP Stock? The Zacks Consensus Estimate for Marvell Technology's fiscal 2026 EPS implies year-over-year growth of 77.71%. Estimated revisions for MRVL's fiscal 2026 EPS have remained highly volatile over the past 60 days. Image Source: Zacks Investment Research The Zacks Consensus Estimate for MCHP's fiscal 2026 EPS implies a year-over-year increase of 3.05%. Estimates for MCHP's fiscal 2026 EPS have shown a consistent northward trend over the past 60 days. Image Source: Zacks Investment Research Conclusion: MRVL vs. MCHP Stock Microchip Technology has shown a strong growth in the ethernet PHY switching space with its innovative products, while Marvell Technology is suffering from macroeconomic uncertainties, shrinking margins and weakness in its automotive and industrial segments. Considering these factors, we suggest MCHP to be a better pick at present. MCHP carries a Zacks Rank #2 (Buy), while MRVL carries a Zacks Rank #3 (Hold) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microchip Technology Incorporated (MCHP) : Free Stock Analysis Report Marvell Technology, Inc. (MRVL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
17-07-2025
- Business
- Yahoo
Marvell Technology (MRVL) Stock Drops Despite Market Gains: Important Facts to Note
Marvell Technology (MRVL) closed the most recent trading day at $70.87, moving -2.13% from the previous trading session. This change lagged the S&P 500's 0.32% gain on the day. Meanwhile, the Dow experienced a rise of 0.53%, and the technology-dominated Nasdaq saw an increase of 0.26%. Coming into today, shares of the chipmaker had gained 3.46% in the past month. In that same time, the Computer and Technology sector gained 7.22%, while the S&P 500 gained 4.51%. Market participants will be closely following the financial results of Marvell Technology in its upcoming release. The company is forecasted to report an EPS of $0.67, showcasing a 123.33% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $2.01 billion, up 57.89% from the prior-year quarter. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.79 per share and a revenue of $8.22 billion, representing changes of +77.71% and +42.61%, respectively, from the prior year. Investors should also pay attention to any latest changes in analyst estimates for Marvell Technology. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 0.27% higher within the past month. Right now, Marvell Technology possesses a Zacks Rank of #3 (Hold). From a valuation perspective, Marvell Technology is currently exchanging hands at a Forward P/E ratio of 25.92. This expresses a discount compared to the average Forward P/E of 26.97 of its industry. We can additionally observe that MRVL currently boasts a PEG ratio of 0.6. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Electronics - Semiconductors industry was having an average PEG ratio of 1.61. The Electronics - Semiconductors industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 57, this industry ranks in the top 24% of all industries, numbering over 250. The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marvell Technology, Inc. (MRVL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-07-2025
- Business
- Yahoo
MRVL's Modular Packaging Tech: Can it Transform AI Accelerators?
Marvell Technology MRVL uses advanced CMOS technologies at 5nm and 3nm nodes and is now shifting toward 2nm and below, which include innovations like gate-all-around transistors and backside power delivery. For advanced packaging solutions, Marvell Technology has been leveraging Chip-on-Wafer-on-Substrate and Integrated Fan-Out methods, which enabled it to develop complex 2.5D, 3D, and 3.5D designs for high-performance compute Application Specific Integrated Circuit. Marvell Technology is now enhancing its capabilities with modular redistribution layer (RDL) interposer technology as an alternative to traditional silicon interposers. This 2.5D packaging technology can be used to develop multi-die AI accelerator solutions that are 2.8 times larger compared to existing single monolithic dies and integrate four HBM3/3E stacks across six RDL layers. The RDL interposer technology also offers shorter die-to-die connections to reduce latency and improve power efficiency. As the RDL solution is modular in nature, it allows seamless replacement of defective dies, which finally reduces costs and increases yields. The technology is compatible with HBM3/3E, XPU-type chips, and is expected to be qualified for the upcoming HBM-4. These factors have made it attractive for hyperscalers to use it readily. As data center infrastructure investments grow at a rapid pace, Marvell Technology is expected to capitalize on it. MRVL anticipates that its total addressable market for data center semiconductors will rise to $94 billion by 2028. It expects its accelerated custom compute offerings to reach $55.4 billion with a CAGR of 53% from 2023 to 2028. Broadcom's AVGO advanced 3.5D XDSiP packaging platform is specifically designed to enhance the performance and efficiency of custom AI XPUs for AI accelerators. Broadcom's Semiconductor segment, which accounts for its custom silicon solutions, grew 11% year over year in the first quarter of fiscal Micro Devices AMD is another player in the custom silicon solutions and AI accelerator space with its semi-custom SoC offerings and Instinct Accelerators that power numerous data centers. Advanced Micro Devices' reconfigurable Alveo Adaptable Accelerator Cards are used to speed up compute-intensive applications in data centers. While Broadcom and Advanced Micro Devices are formidable players in the custom silicon space for AI accelerators, Marvell Technology's move toward the 2.5D packaging platform and leveraging of modular RDL interposer technology is likely to push it much ahead of other players in this space. Shares of MRVL have lost 34.5% year to date against the Electronics - Semiconductors industry's growth of 15%. Image Source: Zacks Investment Research From a valuation standpoint, Marvell Technology trades at a forward price-to-sales ratio of 7.02X, lower than the industry's average of 8.72X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Marvell's fiscal 2026 and 2027 earnings implies year-over-year growth of 77.7% and 27.73%, respectively. The estimates for fiscal 2026 and 2027 have been revised upward in the past seven days. Image Source: Zacks Investment Research Marvell Technology currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Advanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report Marvell Technology, Inc. (MRVL) : Free Stock Analysis Report Broadcom Inc. (AVGO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
10-07-2025
- Business
- Globe and Mail
MRVL's Modular Packaging Tech: Can it Transform AI Accelerators?
Marvell Technology MRVL uses advanced CMOS technologies at 5nm and 3nm nodes and is now shifting toward 2nm and below, which include innovations like gate-all-around transistors and backside power delivery. For advanced packaging solutions, Marvell Technology has been leveraging Chip-on-Wafer-on-Substrate and Integrated Fan-Out methods, which enabled it to develop complex 2.5D, 3D, and 3.5D designs for high-performance compute Application Specific Integrated Circuit. Marvell Technology is now enhancing its capabilities with modular redistribution layer (RDL) interposer technology as an alternative to traditional silicon interposers. This 2.5D packaging technology can be used to develop multi-die AI accelerator solutions that are 2.8 times larger compared to existing single monolithic dies and integrate four HBM3/3E stacks across six RDL layers. The RDL interposer technology also offers shorter die-to-die connections to reduce latency and improve power efficiency. As the RDL solution is modular in nature, it allows seamless replacement of defective dies, which finally reduces costs and increases yields. The technology is compatible with HBM3/3E, XPU-type chips, and is expected to be qualified for the upcoming HBM-4. These factors have made it attractive for hyperscalers to use it readily. As data center infrastructure investments grow at a rapid pace, Marvell Technology is expected to capitalize on it. MRVL anticipates that its total addressable market for data center semiconductors will rise to $94 billion by 2028. It expects its accelerated custom compute offerings to reach $55.4 billion with a CAGR of 53% from 2023 to 2028. How Competitors Fare Against Marvell Technology Broadcom 's AVGO advanced 3.5D XDSiP packaging platform is specifically designed to enhance the performance and efficiency of custom AI XPUs for AI accelerators. Broadcom's Semiconductor segment, which accounts for its custom silicon solutions, grew 11% year over year in the first quarter of fiscal 2025. Advanced Micro Devices AMD is another player in the custom silicon solutions and AI accelerator space with its semi-custom SoC offerings and Instinct Accelerators that power numerous data centers. Advanced Micro Devices' reconfigurable Alveo Adaptable Accelerator Cards are used to speed up compute-intensive applications in data centers. While Broadcom and Advanced Micro Devices are formidable players in the custom silicon space for AI accelerators, Marvell Technology's move toward the 2.5D packaging platform and leveraging of modular RDL interposer technology is likely to push it much ahead of other players in this space. MRVL's Price Performance, Valuation and Estimates Shares of MRVL have lost 34.5% year to date against the Electronics - Semiconductors industry's growth of 15%. Marvell Technology YTD Performance Chart From a valuation standpoint, Marvell Technology trades at a forward price-to-sales ratio of 7.02X, lower than the industry's average of 8.72X. Marvell Technology Forward Twelve Months (P/S) Valuation Chart Image Source: Zacks Investment Research The Zacks Consensus Estimate for Marvell's fiscal 2026 and 2027 earnings implies year-over-year growth of 77.7% and 27.73%, respectively. The estimates for fiscal 2026 and 2027 have been revised upward in the past seven days. Marvell Technology currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Higher. Faster. Sooner. Buy These Stocks Now A small number of stocks are primed for a breakout, and you have a chance to get in before they take off. At any given time, there are only 220 Zacks Rank #1 Strong Buys. On average, this list more than doubles the S&P 500. We've combed through the latest Strong Buys and selected 7 compelling companies likely to jump sooner and climb higher than any other stock you could buy this month. You'll learn everything you need to know about these exciting trades in our brand-new Special Report, 7 Best Stocks for the Next 30 Days. Download the report free now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report Marvell Technology, Inc. (MRVL): Free Stock Analysis Report Broadcom Inc. (AVGO): Free Stock Analysis Report
