Marvell partners with NVIDIA via NVLink Fusion; NVIDIA invests $2B in Marvell preferred stock

Marvell Technology, Inc.

NVIDIA invested $2B for 2M shares of Marvell Series A Convertible Preferred Stock, convertible into ~21.8M common shares at ~$91.84/share.
Marvell will supply custom XPUs and NVLink Fusion scale-up networking for NVIDIA AI factory ecosystem.
Companies to collaborate on silicon photonics and AI-RAN for 5G/6G infrastructure.
Partnership enables heterogeneous AI infrastructure fully compatible with NVIDIA's GPU, DPU, and switch platforms.
Transaction closed March 31, 2026; securities issued under Section 4(a)(2) private placement exemption.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Marvell Technology, Inc. issued 2,000,000 shares of the Company’s Series A Convertible Preferred Stock of preferred stock to NVIDIA Corporation for aggregate purchase price of $2,000,000,000.00 in cash.

Security: preferred stock
Shares: 2,000,000 shares of the Company’s Series A Convertible Preferred Stock
Purchaser: NVIDIA Corporation
Consideration: aggregate purchase price of $2,000,000,000.00 in cash

Exact text from the filing

On March 31, 2026, Marvell Technology, Inc. (the “Company”) completed the issuance and sale of 2,000,000 shares of the Company’s Series A Convertible Preferred Stock, par value $0.002 per share (the “Series A Preferred Stock”), to NVIDIA Corporation (“NVIDIA”), pursuant to a Securities Purchase Agreement, dated as of March 31, 2026 (the “Purchase Agreement”), between NVIDIA and the Company. The shares of Series A Preferred Stock were sold for an aggregate purchase price of $2,000,000,000.00 in cash

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Marvell Technology, Inc.: Filed Certificate of Designation for Series A Preferred Stock (effective 2026-03-31).

Change: charter amendment
Effective: 2026-03-31

Exact text from the filing

On March 31, 2026, the Company filed a Certificate of Designation with the Secretary of State of the State of Delaware (the “Certificate of Designation”) in connection with the Transaction.

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43 equity issuances filed in the last 30 days. Browse all equity issuances →

Marvell Technology, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-134462

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