Marvell Technology, Inc. (NASDAQ:MRVL) is one of the best AI enabler stocks to buy now.
The stronger AI infrastructure angle came on April 22, when Marvell Technology, Inc. (NASDAQ:MRVL) acquired Polariton Technologies, a developer of high-speed, low-power plasmonics-based silicon photonics devices
Marvell said the deal adds advanced modulation technology for next-generation coherent and optical interconnect platforms, as AI workloads drive rising bandwidth demand and data centers move from 1.6T connectivity toward 3.2T and beyond. The acquisition strengthens Marvell’s portfolio across electro-optics, photonics, switching, and custom silicon. That deal is more meaningful when viewed alongside Marvell’s broader push into custom AI infrastructure.
On March 31, NVIDIA and Marvell announced a strategic partnership to connect Marvell to the NVIDIA AI factory and AI-RAN ecosystem through NVLink Fusion. NVIDIA also invested $2 billion in Marvell. Under the partnership, Marvell will provide custom XPUs and NVLink Fusion-compatible scale-up networking, while the two companies will also collaborate on silicon photonics technology.