2024-12-09 14:58:46.AIbase.13.8k
Small AI Chipmaker Marvell Surpasses Intel with Market Cap Exceeding $100 Billion
Recently, Marvell Technology's market capitalization briefly exceeded $100 billion, marking the rise of this small chipmaker in the tech sector. Since 2016, CEO Matt Murphy has led the company to significant success in the rapidly growing data center chip market. Murphy stated that he did not want to take over a chip company ten times the size of his own, as this choice is not only smarter but also appears more ambitious.
