US Top News and Analysis | Marvell stands to gain from boosted Amazon-Anthropic partnership

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Marvell Technology is poised to profit from Amazon’s expanded partnership with AI‑focused Anthropic, which will invest more than $100 billion in Amazon Web Services over the next decade to power its Claude large‑language‑model suite. The deal will drive demand for Amazon’s Trainium AI chips—built with Marvell’s optical processors, retimers, Ethernet switches, and data‑processing units—as well as other hardware that Marvell supplies to AWS. Analysts responded by raising Marvell’s price target to $170, citing strong near‑term upside from boosted optical‑connectivity needs and expecting the partnership to sustain double‑digit growth through fiscal 2028, while also noting ancillary benefits for fellow data‑center supplier Astera Labs.

Read more: https://www.cnbc.com/2026/04/21/marvell-stands-to-gain-from-boosted-amazon-anthropic-partnership.html

#Marvell #Amazon #Anthropic #AWS #JPMorgan #RBC #AsteraLabs #DarioAmodei #Trainium #

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💼 RBC is hiring a Machine Learning Research Team Lead
Location: 🇨🇦 Toronto, Ontario, Canada

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https://datasciencejobs.com/jobs/machine-learning-research-team-lead-rbc-canada-2/

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