Monday, 15 April, 2024

Marvell Secures New AI Chip Business Despite Lower Margins

Marvell has successfully secured new business in the AI chip sector, although at reduced profit margins. The company's expansion into the AI chip market is seen as a strategic move to capitalize on the growing demand for artificial intelligence technologies. Despite facing margin challenges, Marvell's entry into this lucrative market segment underscores its commitment to innovation and market diversification.