We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Marvell (MRVL) Introduces OCTEON 10 CN102 and CN103 DPUs
Read MoreHide Full Article
Marvell Technology (MRVL - Free Report) recently introduced OCTEON 10 CN102 and CN103 Data Processing Units (DPUs), which are designed to enhance networking equipment and firewall capabilities.
The company previously launched the OCTEON 10 Fusion family for 5G base stations in February 2023, which was adopted by major Original Equipment Manufacturers (OEMs). These two new DPUs will bring the same technology used by major OEMs to appliances like routers, firewalls, 5G small cells and SD-WANs.
The key features of OCTEON 10 CN102 and CN103 include their 5nm process for improved miniaturization and 64-bit Arm Neoverse N2 core that optimizes performance per watt ratio. Other features like high integration with Ethernet Media Access Control support, inline Internet Protocol Security engine, hardware packet acceleration, DDR5 support, PCIe 5.0 in CN103xx and 56G SerDes in CN103xx enable the DPUs to improve their power, performance and capacity.
The integration of these chips will significantly reduce cost, maintenance and power consumption as these chips can work as offload DPUs while facilitating fanless design. Both OCTEON 10 CN102 and CN103 are already in sampling, with production quantities expected in the fourth quarter of fiscal 2024.
Marvell is experiencing growth due to rising demand in networking and carrier infrastructure markets. The widespread embrace of 5G technology has particularly propelled MRVL's performance in the wireless market, contributing to increased revenues.
The company is also benefiting greatly from its line of DPUs. The versatility of its use in carriers, data centers and enterprise equipment, including routers, switches, security appliances, gateways, wireless base stations, storage arrays and network virtualization infrastructure like NFV and SDN will offer Marvell growing opportunities.
Zacks Rank & Stocks to Consider
Marvell currently carries a Zacks Rank #3 (Hold). Shares of MRVL have gained 40.9% year to date.
The Zacks Consensus Estimate for NetEase's fourth-quarter 2023 earnings has been revised 10 cents upward to $1.83 per share in the past 30 days. For fiscal 2023, earnings estimates have increased 30 cents to $7.26 per share in the past 30 days.
NTES' earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, while missing the same on one occasion, the average surprise being 16.63%. Shares of NTES have gained 44.2% year to date.
The Zacks Consensus Estimate for Bel Fuse’s fourth-quarter fiscal 2023 earnings has been revised 38 cents northward to $1.44 per share in the past 60 days. For fiscal 2024, earnings estimates have increased 72 cents to $6.28 in the past 60 days.
BELFB’s earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 56.92%. Shares of BELFB have surged 68% year to date.
The Zacks Consensus Estimate for Dropbox's fourth-quarter 2023 earnings has remained unchanged for the past 90 days at 48 cents per share. For fiscal 2023, earnings estimates have been revised 7 cents upward to $1.96 per share in the past 30 days.
DBX’s earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 13.14%. Shares of DBX have climbed 23.8% year to date.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Marvell (MRVL) Introduces OCTEON 10 CN102 and CN103 DPUs
Marvell Technology (MRVL - Free Report) recently introduced OCTEON 10 CN102 and CN103 Data Processing Units (DPUs), which are designed to enhance networking equipment and firewall capabilities.
The company previously launched the OCTEON 10 Fusion family for 5G base stations in February 2023, which was adopted by major Original Equipment Manufacturers (OEMs). These two new DPUs will bring the same technology used by major OEMs to appliances like routers, firewalls, 5G small cells and SD-WANs.
The key features of OCTEON 10 CN102 and CN103 include their 5nm process for improved miniaturization and 64-bit Arm Neoverse N2 core that optimizes performance per watt ratio. Other features like high integration with Ethernet Media Access Control support, inline Internet Protocol Security engine, hardware packet acceleration, DDR5 support, PCIe 5.0 in CN103xx and 56G SerDes in CN103xx enable the DPUs to improve their power, performance and capacity.
Marvell Technology, Inc. Price and Consensus
Marvell Technology, Inc. price-consensus-chart | Marvell Technology, Inc. Quote
The integration of these chips will significantly reduce cost, maintenance and power consumption as these chips can work as offload DPUs while facilitating fanless design. Both OCTEON 10 CN102 and CN103 are already in sampling, with production quantities expected in the fourth quarter of fiscal 2024.
Marvell is experiencing growth due to rising demand in networking and carrier infrastructure markets. The widespread embrace of 5G technology has particularly propelled MRVL's performance in the wireless market, contributing to increased revenues.
The company is also benefiting greatly from its line of DPUs. The versatility of its use in carriers, data centers and enterprise equipment, including routers, switches, security appliances, gateways, wireless base stations, storage arrays and network virtualization infrastructure like NFV and SDN will offer Marvell growing opportunities.
Zacks Rank & Stocks to Consider
Marvell currently carries a Zacks Rank #3 (Hold). Shares of MRVL have gained 40.9% year to date.
Some better-ranked stocks from the broader technology sector are NetEase (NTES - Free Report) , Bel Fuse (BELFB - Free Report) and Dropbox (DBX - Free Report) , each flaunting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for NetEase's fourth-quarter 2023 earnings has been revised 10 cents upward to $1.83 per share in the past 30 days. For fiscal 2023, earnings estimates have increased 30 cents to $7.26 per share in the past 30 days.
NTES' earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, while missing the same on one occasion, the average surprise being 16.63%. Shares of NTES have gained 44.2% year to date.
The Zacks Consensus Estimate for Bel Fuse’s fourth-quarter fiscal 2023 earnings has been revised 38 cents northward to $1.44 per share in the past 60 days. For fiscal 2024, earnings estimates have increased 72 cents to $6.28 in the past 60 days.
BELFB’s earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 56.92%. Shares of BELFB have surged 68% year to date.
The Zacks Consensus Estimate for Dropbox's fourth-quarter 2023 earnings has remained unchanged for the past 90 days at 48 cents per share. For fiscal 2023, earnings estimates have been revised 7 cents upward to $1.96 per share in the past 30 days.
DBX’s earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 13.14%. Shares of DBX have climbed 23.8% year to date.