|Bid||49.39 x 800|
|Ask||49.80 x 800|
|Day's Range||48.19 - 49.56|
|52 Week Range||16.45 - 55.70|
|Beta (5Y Monthly)||1.18|
|PE Ratio (TTM)||22.69|
|Forward Dividend & Yield||0.24 (0.50%)|
|Ex-Dividend Date||Dec 22, 2020|
|1y Target Est||N/A|
Marvell (NASDAQ: MRVL) today announced that it will join the Evenstar program and work with Facebook Connectivity to provide a 4G/5G OpenRAN Distributed Unit (DU) design for Evenstar, based on the industry-leading OCTEON Fusion® baseband processors and Arm-based OCTEON® multi-core digital processing units (DPUs). The Evenstar DU design will enable a new generation of RAN suppliers to deliver high performance, cost-optimized, interoperable DU products to the rapidly expanding OpenRAN ecosystem.
Marvell (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today announced that Fujitsu has selected Marvell's baseband processor silicon to power the new 5G New Radio (NR) base station offerings. Fujitsu will adopt Marvell's industry-leading OCTEON Fusion™ baseband processors for their 5G base station designs and also plans to engage with Marvell on O-RAN distributed unit (DU) products, enabling them to bring advanced 5G technologies to the worldwide market.
Marvell (NASDAQ: MRVL) today announced that its hard disk drive (HDD) controller and preamplifier are shipping in Toshiba Electronic Devices & Storage Corporation's MG09 Series 18TB Cloud-Scale HDD family of products. This announcement extends the longstanding relationship between Marvell and Toshiba to bring revolutionary storage products to market, and marks a new milestone for the companies following the successful 2019 launch of Toshiba's MG08 16TB capacity HDD with Marvell storage solutions.