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Marvell Technology

Stock Price

$58

2023-09-01

Market Capitalization

$50.3 B

2023-08-31

Revenue

$5.9 B

FY, 2023

Marvell Technology Summary

Company Summary

Overview
Marvell Technology, Inc. (MTI) is a company that supplies data infrastructure semiconductor solutions. It offers cloud and on-premise artificial intelligence (AI) systems, cloud and on-premise ethernet switching, cloud and on-premise network-attached storage (NAS), data center interconnects (DCI), enterprise routers and switches, wireless access points (WAPs), network appliances, workstations, broadband access systems, gaming consoles, personal computers (PCs), printers, autonomous vehicles (AV), Vvdeo surveillances, and other products. The company serves five markets: data center, enterprise networking, carrier infrastructure, consumer, and automotive or industrial.
Type
Public
Status
Active
Founded
1995
HQ
Wilmington, DE, US | view all locations
Website
https://www.marvell.com
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Matt Murphy

    Matt Murphy, Chairman and Chief Executive Officer

  • Mitch Gaynor

    Mitch Gaynor, Chief Administration Office

  • Willem Meintjes

    Willem Meintjes, Chief Financial Officer

  • Chris Koopmans

    Chris Koopmans, Chief Operations Officer

Operating MetricsView all

Patents Issued

10.2K
8.5%

FY, 2022

Facilities Leased (Singapore), sq. ft.

60K
11.8%

FY, 2023

Facilities Leased (India), sq. ft.

263K
1.1%

FY, 2023

LocationsView all

54 locations detected

  • Wilmington, DE HQ

    United States

    1000 N. West Street Suite 1200

  • Austin, TX

    United States

    5113 Southwest Pkwy

  • Boise, ID

    United States

    700 Clearwater Ln

  • Burlington, VT

    United States

    128 Lakeside Avenue Suite 401

  • Chandler, AZ

    United States

    1750 E Northrop Blvd #100

  • Hopewell Junction, NY

    United States

    2070 Route 52, Building 321

and 48 others

Marvell Technology Financials

Summary Financials

Revenue (Q2, 2024)
$1.3B
Gross profit (Q2, 2024)
$521.1M
Net income (Q2, 2024)
($207.5M)
Cash (Q2, 2024)
$423.4M
EBIT (Q2, 2024)
($205.7M)
Enterprise value
$54.0B

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