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Marvell Technology (MRVL) Is Up 10.4% After NVIDIAās $2 Billion AI Partnership And New Debt Financing
YahooApr 7, 2026
On March 31, 2026, NVIDIA Corporation and Marvell Technology announced that NVIDIA would invest US$2.00 billion via convertible preferred stock and enter a broad partnership linking Marvellās custom XPUs, networking and optical solutions into NVIDIAās NVLink Fusion AI infrastructure and AIāRAN ecosystem. Just days later, Marvell added nearly US$1.00 billion of new 5.300% senior unsecured notes due 2036, underscoring how the NVIDIA partnership is being paired with substantial balance sheet...
