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Marvell Technology Q4 Revenue Soars 68% YoY to $1.34B as the Semiconductor Maker Continues Its Torrid Pace Following Strategy Shift to Data Infrastructure

In Technology News by Daniel Newman and Todd R. WeissLeave a Comment

Futurum analysts Daniel Newman and Todd R. Weiss dive into Marvell Technology’s Q4 and FY2022 earnings, which saw impressive 68 percent and 50 percent revenue gains respectively as the company continues the growth of its data infrastructure business strategy.

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AMD Q2 2021 Earnings: The 99% Solution?

In Technology News by Daniel NewmanLeave a Comment

AMD has released its Q2 2021 financial results, solidly beating consensus estimates with revenue of $3.85 billion (versus $3.62 billion expected) and earnings of $0.63 (versus $0.54 expected). This is the fourth consecutive quarter of record revenues including a 99 percent Y/Y increase from Q2 2020.

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DoD Partners with GLOBALFOUNDRIES to Manufacture Secure Chips

In Technology News by Shelly KramerLeave a Comment

In a recently announced strategic partnership, the U.S Department of Defense (DoD) will partner with GLOBALFOUNDRIES, one of the world’s leading specialty foundries, to provide a secure and reliable supply of semiconductor solutions that will be manufactured at Fab 8 in Malta, New York., the company’s most advanced manufacturing facility. The DoD’s partnership with GLOBALFOUNDRIES is both about reliability and security and occurring at a time when there is a global semiconductor shortage and whole industries are feeling the pressure. This move to provide the security needed by the Pentagon for its sensitive military and aerospace needs is part of a concerted effort to on-shore U.S. microelectronics capabilities.