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Marvell Tech To Buyback Almost 10% Of Outstanding Stock

Marvell Technology, Inc. (MRVL) announced a new $5 billion share repurchase plan and accelerated focus on data center and AI infrastructure.

Marvell Technology, Inc. MRVL shares rose Wednesday after the chipmaker unveiled a fresh capital return plan and highlighted its growing focus on data center and AI infrastructure. The company said its board approved a new $5 billion share repurchase… [2434 chars]

Source: Benzinga | Published: 2025-09-24T14:56:04Z

Credit: Benzinga

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