Marvell Technology, Inc. (NASDAQ:MRVL) shares are trading higher on Monday. The company disclosed the development of the FBNIC, a custom 5nm network interface controller (NIC) ASIC created in partnership with Meta Platforms, Inc. (NASDAQ:META) to address the company’s infrastructure needs.
Marvell will also contribute the FBNIC board design to the Open Compute Project (OCP) community.
The FBNIC integrates a custom network controller from Marvell with a co-designed board and Meta’s ASIC, firmware, and software.
This specialized design boosts ...
