After NVIDIA and AMD, Marvell Technology Goes Shopping With $10 Billion Inphi Takeover

Nicholas Rossolillo, The Motley Fool
·2-min read
After NVIDIA and AMD, Marvell Technology Goes Shopping With $10 Billion Inphi Takeover
After NVIDIA and AMD, Marvell Technology Goes Shopping With $10 Billion Inphi Takeover

Earlier this year, NVIDIA (NASDAQ: NVDA) announced its intent to purchase chip designer ARM Holdings for $40 billion, and more recently AMD (NASDAQ: AMD) reached an agreement to merge with Xilinx (NASDAQ: XLNX) for $35 billion. Not to be left out of the feeding frenzy is Marvell Technology Group (NASDAQ: MRVL), which announced on Thursday it inked a deal to acquire data center and 5G mobile-network hardware provider Inphi (NASDAQ: IPHI) for $10 billion.