NVIDIA (NVDA.US) announced on Tuesday a USD2 billion investment in Marvell Technology (MRVL.US) to meet the rising demand for artificial intelligence tools. Marvell's stock rose over 9% pre-market.The company stated that this transaction will integrate Marvell into NVIDIA's AI ecosystem, making it easier for customers to develop based on this infrastructure. The two companies will also collaborate to jointly develop silicon photonics technology.Related NewsUnemployment Rate for Mar in United States is 4.3%, lower than the previous value of 4.4%. The forecast was 4.4%.In recent months, NVIDIA has made similar USD2 billion investments in Synopsys (SNPS.US) , CoreWeave (CRWV.US) , Coherent (COHR.US) , Lumentum (LITE.US) , and Nebius (NBIS.US) .(sw/t)(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
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