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SEOUL - South Korean AI semiconductor company Rebellions Inc. announced Tuesday a collaboration with Marvell Technology, Inc. (NASDAQ:MRVL), a prominent player in the Semiconductors & Semiconductor Equipment industry with a market capitalization of $66.85 billion, to develop customized AI systems targeting regionally driven and sovereign-backed AI initiatives across Asia-Pacific and the Middle East.
The partnership aims to design customer-specific AI accelerators using Marvell’s custom platforms, incorporating advanced packaging, high-speed SerDes, and die-to-die interconnects. The resulting systems are intended to provide high-performance, energy-efficient AI inference capabilities at scale. According to InvestingPro data, Marvell has demonstrated strong momentum with 21.6% revenue growth in the last twelve months, positioning it well for this strategic initiative.
Sunghyun Park, CEO of Rebellions, stated, "AI infrastructure is undergoing a fundamental shift—organizations are no longer settling for one-size-fits-all solutions." He added that the collaboration combines expertise in AI chip design with silicon integration to deliver custom AI infrastructure.
Will Chu, Senior Vice President and General Manager of Custom Cloud Solutions at Marvell, noted that "Custom AI infrastructure is key to unlocking the next wave of data center innovation."
The companies indicated that their joint efforts respond to a market trend shifting from standardized GPU-based architectures toward domain-specific systems built around custom ASICs, driven by sovereign-backed initiatives and regional cloud providers seeking scalability, efficiency, and control. With 16 analysts recently revising earnings estimates upward and strong growth expectations, InvestingPro analysis suggests Marvell is well-positioned to capitalize on these market shifts. Discover more insights about Marvell’s potential with the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.
Rebellions develops AI accelerators optimized for Large Language Models and large-scale inference. Its flagship chip REBEL uses chiplet architecture and 144GB HBM3E memory for AI inference workloads. The company has been mass-producing its AI accelerator ATOM since 2024, according to the press release statement.
In other recent news, Marvell Technology has appointed Rajiv Ramaswami, CEO of Nutanix, to its Board of Directors. Ramaswami brings extensive experience from his previous leadership roles at VMware, Broadcom, and Cisco, among others. In terms of analyst perspectives, Stifel has reiterated its Buy rating for Marvell, maintaining a price target of $80, reflecting confidence in the company’s growth prospects. Meanwhile, Goldman Sachs has initiated coverage on Marvell with a Neutral rating and a $75 price target, noting the company’s leadership in optical DSPs and its recent customer wins. Piper Sandler also reiterated an Overweight rating on Marvell, setting a price target of $85, highlighting confidence in Marvell’s XPU growth strategy. These developments come amid a backdrop of strategic moves and analyst evaluations for Marvell.
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