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Marvell Technology Inc. (NASDAQ: MRVL)

Semiconductors Β· Wilmington, DE, United States Β· Founded 1995

$60.0B
Market Cap
$2.41B
Revenue
8,400
Employees
$-0.28B
Net Income
πŸ“Š Key Statistics for Marvell Technology Inc. (MRVL)
  • Market capitalization: $60.0 billion
  • Annual revenue: $2.41 billion
  • Net income: $-0.28 billion
  • Employees: 8,400
  • Sector: Technology
  • Headquarters: Wilmington, United States
  • Founded: 1995

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πŸ“‹ About Marvell Technology Inc.

Marvell Technology is a semiconductor company focused on data infrastructure, designing chips for data centers, carrier networks, enterprise networking, and consumer devices. The company has pivoted aggressively toward custom silicon and electro-optics for cloud and AI applications. Marvell's products include networking controllers, storage accelerators, and custom AI chips designed in partnership with hyperscale cloud providers.

πŸ’° How Marvell Technology Inc. Makes Money

Marvell earns revenue from the sale of semiconductor chips and related intellectual property licensing. The company's custom silicon business, where it designs chips tailored to specific cloud customer requirements, is the fastest-growing segment and commands premium pricing.

πŸ“œ Key Milestones

Founded in 1995 by Sehat Sutardja and his wife Weili Dai in Santa Clara, Marvell initially focused on storage controllers for hard drives. CEO Matt Murphy, who joined in 2016, orchestrated a strategic transformation through the acquisitions of Cavium (2018), Inphi (2021), and Innovium (2021), repositioning Marvell as a data infrastructure semiconductor leader.

πŸ“Š Financial Overview
Market Capitalization$60.0B
Annual Revenue$2.41B
Net Income$-0.28B
Profit Margin-12%
Revenue per Employee$286905K
Stock ExchangeNASDAQ
Ticker SymbolMRVL

Financial data is approximate and based on most recent annual filings.

πŸ’‘ Did You Know?

Marvell designs custom AI accelerator chips for some of the world's largest cloud companiesβ€”a business that barely existed five years ago but is now the company's primary growth engine. The Inphi acquisition gave Marvell leadership in electro-optics, the technology that connects chips within AI data centers at the speed of light.

πŸ“ Analyst Take

Marvell's transformation under Matt Murphy has been one of the most impressive strategic pivots in semiconductors. The custom silicon opportunity in AI is enormous, but the stock prices in a lot of growthβ€”execution must be flawless.

❓ Frequently Asked Questions

What is Marvell Technology Inc.'s revenue?

Marvell Technology Inc. generates approximately $2.41 billion in annual revenue.

How many employees does Marvell Technology Inc. have?

Marvell Technology Inc. employs approximately 8,400 people worldwide.

What is Marvell Technology Inc.'s market cap?

Marvell Technology Inc. (MRVL) has a market capitalization of approximately $60.0 billion on the NASDAQ.

When was Marvell Technology Inc. founded?

Marvell Technology Inc. was founded in 1995 and is headquartered in Wilmington, DE, United States.

Who is the CEO of Marvell Technology Inc.?

Matt Murphy is the current CEO of Marvell Technology Inc..

What is Marvell Technology Inc.'s website?

Marvell Technology Inc.'s official website is marvell.com.