Marvell Technology is trading at ARS 27,440, up 4.89%, as investors continue absorbing its expanded GlobalFoundries agreement, which increases capacity for data-center optical-connectivity semiconductors.
- Shares are also benefiting from broader AI-semiconductor momentum; Marvellβs Microsoft-Utimaco Azure payments-security platform adds supporting product news.
- The move extends the September 17 rally. No separate September 18 earnings release or major new company announcement was identified.