Nvidia invests $2 billion in Marvell as stock jumps 9%
Nvidia has announced a $2 billion investment in semiconductor company Marvell Technology, adding another chip industry partner to its expanding AI ecosystem. Marvell's stock rose more than 11% following the announcement, according to CNBC. Through the partnership, Marvell will be integrated into Nvidia's AI ecosystem, lowering the barrier for customers who want to develop products on top of that infrastructure. Collaboration will extend to two additional technical areas: silicon photonics and telecom netwo ...