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GlobalFoundries and Marvell expand AI data-center connectivity chip capacity deal

GlobalFoundries and Marvell expanded their agreement to increase production capacity for a semiconductor used in high-speed optical connections in data centers.

GFSMRVL

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 around 4% in morning trading on Thursday, while Marvell was u…

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