Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. In a nutshell, Marvell is another player in the 5G space.
Marvell grew it networking business 60% year over year and with the acquisition of Cavium last year, now accounts for a little over 50% of the sales.
Management believes that the company is entering a new product cycle driven by 5G, data center, automotive and enterprise markets and demand for their 5G products should increase in the coming quarters as deployments pick up.
I have been watching this stock since late March and
Add your Scripsio!
Comments