Search results for Marvell Technology
Finance
Korean retail investors turn net buyers of U.S. stocks after 3 months on SpaceX listing
Korean retail investors in U.S. stocks turned net buyers in June for the first time in three months, Korea Securities Depository data showed. They recorded net purchases of $233.66 million, with $1.10468 billion bought and $871.01 million sold. The shift followed net selling in April and May. Buying was led by SpaceX, with $1.89307 billion purchased in June, while semiconductor-related names also drew inflows.
AI & Enterprise
Nvidia emerges as major investor in AI ecosystem, puts in $40 billion this year
Nvidia is sharply increasing investment across the AI infrastructure supply chain, CNBC reported. The company has already made investment commitments of more than $40 billion in 2026 and is expanding its portfolio to listed companies. This week, it secured rights to invest up to $2.1 billion in data centre operator IREN and up to $3.2 billion in fibre optics company Corning. CEO Jensen Huang said it is not picking winners and aims to broaden the ecosystem.
AI & Enterprise
Google in talks with Marvell to co-develop inference-focused TPU and new memory processing unit
Google is discussing plans with Marvell Technology to jointly develop two new chips that could run AI models more efficiently, The Information reported, citing two sources. One chip is a memory processing unit designed to work with Google\'s tensor processing units, splitting AI workloads by compute and memory demands. The other is a new TPU specialised for running AI models. The companies aim to finalise the design as early as next year and begin trial production.