Top 10 AI Stocks to Watch: Latest News and Ratings

7. Marvell Technology, Inc. (NASDAQ:MRVL)

Number of Hedge Fund Holders: 70

Marvell Technology, Inc. (NASDAQ:MRVL) is a leader in data infrastructure semiconductor solutions. On December 10, the company announced the launch of Marvell® Aquila, the industry’s first coherent-lite DSP optimized for 1.6 Tbps coherent optical transceiver modules operating at O-band wavelengths. The Aquila is a new technology that allows connecting campus-based data centers spanning up to 20 km with high bandwidth and low latency. Built on an innovative O-band coherent architecture, it delivers cost efficiency, power savings, and scalability.

“Interconnect bandwidth, data center traffic, and data center capacity needs are all growing at accelerated rates because of AI, and operators are limited by the available power delivery in a single building. Aquila offers data center operators a new, groundbreaking avenue for optimizing their infrastructure for sustainability and developing campus facilities that can scale with their customers’ demands for cloud and AI services.”

-Xi Wang, vice president of product marketing for Optical Connectivity at Marvell.