Why Marvell Technology (MRVL) Stock Is Up Today

Shares of networking chips designer Marvell Technology (NASDAQ: MRVL) jumped 3.3% in the morning session after it announced a collaboration with South Korean AI semiconductor company Rebellions to develop custom AI infrastructure. The partnership aimed to deliver high-performance, energy-efficient AI systems specifically for sovereign-backed AI projects in the Asia-Pacific and Middle East regions. Under the agreement, Rebellions planned to use Marvell's custom platforms, including advanced packa