Marvell Technology Inc. (MRVL) is getting some validation for its data center connectivity strategy as industry players increasingly turn to its high-speed chip solutions to handle the demanding requirements of AI infrastructure.
The company announced widespread adoption of its Alaska P PCIe retimer product line, which server and infrastructure vendors are deploying to scale high-speed connections inside advanced AI data centers. Think of retimers as signal boosters that keep data flowing cleanly across longer distances and through complex server configurations.
These chips strengthen connectivity between AI accelerators, GPUs, XPUs, CPUs, SSDs, CXL devices, and other critical components, delivering high-speed, low-latency, and power-efficient performance across servers and multi-node clusters. Basically, they're the glue holding together increasingly complicated data center architectures.
The adoption is happening across multiple fronts. Server manufacturers are now using Marvell Alaska P PCIe 6 retimers in GPU- and XPU-based platforms and have rolled out retimer cards in general-purpose servers. Cable and optical module partners have launched PCIe active electrical and active optical cables built around the technology. Meanwhile, storage system developers are testing the retimers to improve signal quality between CPUs and SSDs.
Xi Wang, senior vice president and general manager of the Connectivity Business Unit at Marvell, said the adoption of Alaska P PCIe retimers reinforces the company's leadership in shifting AI infrastructure from traditional servers to disaggregated, accelerator-centric compute fabrics. Translation: AI workloads are moving away from conventional server designs toward more flexible, specialized architectures, and Marvell wants to be the connectivity backbone.
But here's the tough part for Marvell investors. Despite this product momentum, the stock has tanked over 18% year-to-date amid concerns about losing its custom chip business to Broadcom and Alchip, specifically from hyperscalers Amazon.com Inc. (AMZN) (Amazon Web Services) and Microsoft Corp (MSFT). That's impacting its projected AI-driven growth, compounded by a recent analyst downgrade and concerns over slowing XPU (AI accelerator) growth in 2026.
MRVL Price Action: Marvell Tech shares were down 1.66% at $90.46 at the time of publication on Tuesday.