Marvell Technology, Inc. (MRVL) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that Marvell Technology, Inc. surfaced in its latest filing.

• In July 2026, bipartisan AI oversight legislation was introduced that could establish U.S. government oversight over cutting-edge AI models encompassing our productsJuly 2026
• Cisco acquired Acacia Communications in 2021, which could increase customer concentration or reduce total demand2021
• Broadcom acquired VMware in November 2023November 2023
• In August 2026 AMD announced its intent to acquire Taalas Inc.August 2026
• On August 14, 2025, the Company sold its automotive ethernet business to Infineon Technologies AG for $2.5 billion in an all-cash transactionAugust 14, 2025
• On February 2, 2026, we completed our acquisition of Celestial AI, Inc.February 2, 2026
• On February 10, 2026, we completed our acquisition of XConn TechnologiesFebruary 10, 2026
• China's National Development and Reform Commission prohibited the foreign acquisition of Manus and required the parties to unwind the transaction in April 2026April 2026
• In May 2023, the Cyberspace Administration of China banned sales of Micron Technology's products to certain entities in ChinaMay 2023
• On April 14, 2025, the BIS announced the initiation of investigations into the effects on U.S. national security of imports of semiconductors under Section 232 of the Trade Expansion Act of 1962, including semiconductor substrates and bare wafersApril 14, 2025
• The BIS transmitted its report to the President on December 22, 2025, concluding that imports of these products threaten U.S. national securityDecember 22, 2025
• On March 10, 2023, Silicon Valley Bank, where we maintained certain accounts, was placed into receivership with the FDICMarch 10, 2023
• Issued and sold 2,000,000 shares of Series A Convertible Preferred Stock to NVIDIA for $2.0 billion on March 31, 2026March 31, 2026
• On September 24, 2025, the Board authorized a $5.0 billion addition to the stock repurchase programSeptember 24, 2025
• Company paid $14.3 million in additional federal taxes related to fiscal 2026 due to 1% excise tax on net share repurchases under accelerated share repurchase agreement
• The 2025 Tax Act makes permanent domestic research cost expensing and 100% bonus depreciation2025
• One Big Beautiful Bill Act of 2025 signed into law on July 4, 2025July 4, 2025
• Inflation Reduction Act of 2022 signed August 16, 2022, introducing 15% alternative minimum tax for corporations with average annual adjusted financial statement income exceeding $1 billionAugust 16, 2022
• On August 14, 2025, the Company sold its automotive ethernet business to Infineon Technologies AG for $2.5 billion in an all-cash transactionAugust 14, 2025
• On February 2, 2026, we completed our acquisition of Celestial AI, Inc.February 2, 2026
• On February 10, 2026, we completed our acquisition of XConn TechnologiesFebruary 10, 2026