Marvell Technology, Inc. (NASDAQ:MRVL) announced on Thursday, in collaboration with TeraHop, a global optical solutions provider for AI-driven data centers, the demonstration of end-to-end PCIe Gen 6 over optics at the Optical Networking and Communication Conference and Exposition (OFC) 2025. The demonstration will showcase the extension of PCIe beyond traditional electrical limits to enable low-latency, standards-based AI scale-up infrastructure.
As AI workloads drive exponential data growth, PCIe connectivity must evolve to support higher bandwidth and extended reach.
Also Read: Behind Marvell Tech’s Multi-Fold Growth: R&D, Acquisitions And AI Infrastructure
The Marvell Alaska P PCIe Gen 6 retimer and its PCIe Gen 7 SerDes technology enable low-latency, low bit-error-rate transmission over optical fiber, delivering the scalability, power efficiency, and high performance required for next-generation accelerated infrastructure.
Marvell stock plunged over 42% year-to-date as multiple Wall Street analysts slashed their price targets since January.
In March, Marvell reported fourth-quarter revenue of $1.81 billion, topping the $1.79 billion analyst consensus estimate. It reported adjusted earnings of 60 cents per share, beating the 59 cent consensus estimate.
Marvell expects first-quarter revenue of $1.78 billion-$1.96 billion, versus the $1.87 billion estimate.
Cantor Fitzgerald analyst Quinn Bolton and JPMorgan analyst Harlan Sur highlighted Marvell bagging the follow-on XPU ASIC with its lead customer, Amazon.Com Inc (NASDAQ:AMZN). The analysts added that the new AI XPU custom chip could be manufactured on Taiwan Semiconductor Manufacturing Co’s (NYSE:TSM) 3nm node.
Price Action: Marvell Technology stock is down 2.11% to $65.35 at the last check on Thursday.
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