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AI & Enterprise

Marvell shares surge 241 percent in a year; CEO cites trust as key to AI chip success

Marvell Technology shares have surged 241 percent over the past year, with long-standing trust built with major technology companies cited as a key driver. CEO Matt Murphy said hyperscaler customers decide deals based on trust across the ecosystem, not only price or performance. Marvell expanded cooperation with Nvidia in March and signed a partnership with Google in August. FactSet expects data centre revenue to rise 60 percent in fiscal 2027 and 61 percent in fiscal 2028.

AI & Enterprise

Intel considers 10 percent PC CPU price hike, raising potential costs for buyers

Intel may raise prices for PC central processing units by about 10 percent in October within the next few weeks, The Verge reported. The move is seen as part of a shift in its PC CPU business toward improving profitability rather than expanding market share. The report comes as chipmakers face broader cost pressures, with Qualcomm raising chip prices on Sept. 1 and component shortages lifting manufacturing costs.

AI & Enterprise

Qualcomm teams up with AWS to build AI infrastructure for inference, shares surge

Qualcomm shares rose 10 percent on Sept. 8 after it announced a data centre infrastructure partnership with Amazon Web Services. Qualcomm will work with AWS to develop custom silicon to build infrastructure optimised for AI inference, CNBC reported. Qualcomm said it will combine AWS AI infrastructure with its low-power processing, chip design and system-level integration capabilities to respond to fast-growing demand for efficient computing, storage, networking, memory bandwidth and power use.