Marvell's Latest Innovations in Optical Technology Set to Transform AI and Cloud Computing at OFC 2024

Marvell Technology, Inc MRVL will present its strategic approach to harness optical technology for AI and cloud data centers’ growing demands at OFC 2024 in San Diego, California. 

Marvell Technology Group shares are trading higher after Citigroup analyst Atif Malik reiterated a Buy rating on the stock and maintained its $91 price target.

The company’s executives, including CEO Matt Murphy and EVP Dr. Loi Nguyen, will address the surge in optical technology and outline Marvell’s innovations in optical PAM4 DSPs, coherent DSPs, and silicon photonics, aiming to accommodate various data center needs.

Also Read: Marvell Leads with First 800 Gbps Optical Module and 3D Silicon Photonics at Tech Showcase

At OFC, Marvell will showcase products like Nova 2, the market’s first 1.6T optical DSP with 200G per lane electrical and optical I/O, designed to enhance bandwidth density for data center components. 

The Marvell 3D Silicon Photonics Engine represents another breakthrough, integrating hundreds of optical communication components into a single device, promising doubled bandwidth and I/O density, alongside a 30% reduction in power consumption per bit compared to existing solutions.

Introducing Spica Gen2-T, Marvell ventures into a new optical DSP category for transmitting retimed optical modules, catering to AI and cloud applications with significant power savings. 

Additionally, Marvell will demonstrate the COLORZ 800’s capabilities, including the first demonstration of Probabilistic Constellation Shaping at 800 Gbps, aiming to extend the reach of coherent DSP modules for long-haul communications.

Collaborations with Juniper Networks Inc JNPR and Coherent Corp COHR will also be highlighted, featuring a combined solution that integrates Marvell’s Orion 800 Gbps coherent DSP for extensive data center interconnects and telecommunication networks.

The AI boom positions Marvell as a key player, with its networking chips playing a vital role in AI data processing and collaborative efforts with clients on bespoke AI chip designs standing out as per analysts. 

The stock gained over 72% in the last 12 months. Investors can gain exposure to the stock via IShares U.S. Digital Infrastructure And Real Estate ETF IDGT and Spear Alpha ETF SPRX.

Price Action: MRVL shares traded higher by 5.73% at $72.17 on the last check Wednesday.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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