GlobalFoundries and Marvell expand capacity deal for AI optical chips
GlobalFoundries and Marvell expanded their agreement to increase production capacity for a semiconductor used in high-speed optical connections in data centers, supporting AI connectivity.
GlobalFoundries NASDAQ:GFS and Marvell Technology NASDAQ:MRVL have expanded their agreement to increase production capacity for a type of semiconductor used in high-speed optical connections in data centers.Shares of GlobalFoundries rose nearly 6% in premarket trading on Thursday, while Marvell was…