Marvell Technology (MRVL) stock surged almost 6% on Friday after Amazon (AMZN) disclosed explosive growth in its Trainium processor business, which Marvell manufactures exclusively. Amazon CEO Andy Jassy revealed that Trainium2 became a multibillion-dollar business, growing 150% quarter-over-quarter, with the chip now fully subscribed by customers.
The partnership positions Marvell at the center of Amazon's artificial intelligence infrastructure buildout. Amazon's Project Rainier supercomputer has gone live, featuring nearly 500,000 Trainium2 chips, with plans to deploy over one million chips by year-end. Trainium3, scheduled for customer preview in late 2025 with volume production in 2026, ensures Marvell maintains a secure manufacturing pipeline extending well into next year.
