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IC design company Marvell announced its financial results for the third quarter of fiscal year 2025 (ending November 2024) on December 3. Its revenue increased by 7% year-over-year to USD 1.516 billion, exceeding the midpoint of its guidance released on August 29 by USD 66 million. According to i...
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Who would be taking the challenge of turning the tables for Intel after Pat Gelsinger’s retirement? According to the latest Bloomberg report, the struggling giant is prioritizing external candidates in its search for a new CEO. The potential contenders, to name a few, are said to include Marvel...
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Ahead of Intel’s upcoming board meeting in mid-September, rumors have been circulating that the struggling giant may be mulling to selling its FPGA unit Altera, with AMD and Marvell being potential buyers. However, according to an interview with Altera’s CEO by CRN, Altera’s plan for an initia...
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According to a report from The Register, DPU developer Xockets recently filed a lawsuit, accusing AI chip giant NVIDIA, Microsoft, and intellectual property risk management company RPX of colluding to avoid paying Xockets the fees it is owed, violating federal antitrust laws, and intentionally infri...
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Rumors have been circulating that Intel has been working with investment bankers on options to navigate the company through difficulties, which may include selling off its Field Programmable Gate Array (FPGA) unit Altera and halt its investment project in Germany, according to the report by Reuters....