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GlobalFoundries, Marvell Expand Partnership For Next-Gen Optical Connectivity

Source: Nasdaq

Technology & InnovationCompany Fundamentals

GlobalFoundries and Marvell announced an expanded multi-year agreement to increase capacity for GlobalFoundries' silicon-germanium (SiGe) technology. The deal supports additional semiconductor supply for Marvell's data-infrastructure products and is modestly positive for both companies' production and customer-supply outlooks.

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