Marvell Technology : Matt Murphy Joins CNBC’s Jim Cramer for a Post Investor Day Discussion on Mad Money
October 09, 2020 at 08:45 pm
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Following the company's 2020 Investor Day, Marvell President and CEO, Matt Murphy, joined Jim Cramer on CNBC's Mad Money to discuss yesterday's event highlights. Calling out significant growth opportunities across Marvell's key market segments - including #5G, #DataCenter #Cloud and #Automotive - Murphy noted that adoption of both 5G and Cloud remain in the early innings and that Marvell is well positioned to see continued benefits from these long-term growth markets.
As working from home accelerates digital transformation, Marvell is building the next generation data infrastructure semiconductor technology that will power the world's progress.
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Marvell Technology Group Ltd. published this content on 09 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 October 2020 19:44:07 UTC
Marvell Technology Group Ltd specializes in designing and marketing integrated communications and storage circuits intended for manufacturers of high-speed network equipment, hard disks, and consumer electronics. Net sales break down by area of application as follows:
- data centers (40.7%): artificial intelligence systems, data storage systems, Ethernet switches, servers, interconnection systems, etc.;
- enterprise networks (23.1%): routers, Ethernet switches, wireless access points, network equipment, workstations, etc. for campuses, small and medium-sized enterprises;
- telecom network infrastructures (18.3%): access multiplexers, Ethernet switches, optical transport systems, routers, wireless radio network access systems, etc.;
- consumer electronics (11.9%): broadband gateways and routers, game console systems, home data storage systems, home wireless access points, personal computer systems, printers and receiver terminals;
- automotive and industrial (6%): advanced driver assistance systems, autonomous vehicle systems, embedded network systems, industrial Ethernet switches, video surveillance systems.
Net sales are distributed geographically as follows: the United States (11.7%), China (42%), Malaysia (6.6%), Thailand (6.6%), Singapore (5.6%), Taiwan (4.9%), Japan (4.4%), Finland (3.2%), Philippines (2.9%) and other (12.1%).