BARCELONA, Spain and SANTA CLARA, Calif. - Marvell (NASDAQ:MRVL) Technology, Inc. (NASDAQ: MRVL) has announced the integration of its OCTEON 10 processors with the Machine Learning Device Library (MLDEV) of the Datapath Developer Kit (DPDK), an open-source project managed by the Linux Foundation. This move, announced today, enables developers to utilize open-source machine learning (ML) models within the OCTEON 10's ML/AI acceleration engine, potentially improving the performance of 5G Radio Access Network (RAN).
The adoption of these ML models is expected to optimize various aspects of 5G RAN, such as massive MIMO beam selection and channel estimation. The OCTEON 10 ML/AI accelerator boasts a scalable tiled architecture and a high performance-power ratio, facilitating efficient network operations.
Original Equipment Manufacturers (OEMs) and operators like Nokia (HE:NOKIA) and Vodafone (NASDAQ:VOD) can now more easily develop and deploy innovative ML/AI models using standardized APIs, thanks to the OCTEON 10 processor's compatibility with open-source ML frameworks such as TensorFlow, PyTorch, and ONNX.
Nokia's Head of RAN, Mark Atkinson, highlighted the company's use of AI/ML in their ReefShark SoCs and AirScale portfolio, aiming to deliver top industry performance. Similarly, Francisco Martin, Head of Open RAN at Vodafone, emphasized the role of AI/ML in addressing the growing complexity of RAN since its initial deployment in 2017.
The OCTEON 10 processor family is designed to serve as the primary processing unit in various network equipment, integrating digital signal processors, Arm Neoverse CPUs, and hardware accelerators.
This announcement coincides with Marvell's participation in MWC Barcelona 2024, where the company is showcasing its solutions through February 29.
The information provided is based on a press release statement.
InvestingPro Insights
As Marvell Technology (NASDAQ: MRVL) continues to innovate with its OCTEON 10 processors, it's essential for investors to understand the company's financial health and market performance. Marvell's market capitalization stands at a robust $58.79 billion, reflecting its significant presence in the semiconductor industry. Despite recent challenges, as indicated by a negative revenue growth of -5.89% over the last twelve months as of Q3 2024, the company has demonstrated a substantial 54.84% return on its stock price over the past year, indicating strong investor confidence.
Moreover, the company's commitment to shareholder returns is evident through its consistent dividend payments over the past 13 years, with a current dividend yield of 0.36%. This consistency is a positive signal for investors looking for stable income streams. The InvestingPro Tips also highlight that while analysts have revised their earnings estimates downwards for the upcoming period, they predict Marvell will be profitable this year, which could be a turning point for the company's financials.
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