Marvell Technology Group is trading 3.21% up at $252.10 after announcing industry-first 2nm optical interconnect demonstrations for AI data-center infrastructure.
- Showcased technologies include 400G-per-lane PAM4, 800G ZR/ZR+ with MACsec, and 1.6T optical solutions designed to improve bandwidth density and power efficiency.
- Semiconductor strength and broader risk-on sentiment are also supportive, with SOXX up 2.62% and Nasdaq up 1.62%.
- The company-specific announcement is the primary catalyst behind the gain.