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Marvell Technology CEO on closing $10 billion Inphi Corp deal

“It’s a very clean deal and there was overwhelming support from all of our customers globally, including in China,” Marvell Technology CEO Matt Murphy said. Subscribe to CNBC Pro to access the full episode of Mad Money: https://cnb.cx/32CKile

Marvell Technology officially completed its $10 billion acquisition of Inphi, expanding its reach in data centers and 5G network infrastructure.

The deal closed on Wednesday, about one month after China approved the acquisition, Marvell CEO Matt Murphy told CNBC’s Jim Cramer.

“We’re thrilled to have gotten approval from China back in March… I think ahead of a lot of people’s expectations,” Murphy said in an interview that aired Wednesday on “Mad Money.” “It’s a very clean deal and there was overwhelming support from all of our customers globally, including in China.”

Marvell’s semiconductors compete with Broadcom’s products that run data through copper-based cables. Inphi’s chips transfer data over fiber-optic cables and its products are used by data-dependent companies like Amazon, Alphabet’s Google and Facebook.

Murphy said the tie-up makes it more viable for growth in the key end markets of 5G, cloud and automotive.

Marvell also shifted its domicile to Delaware, a state that offers tax advantages to corporations, from Bermuda as part of the acquisition.

Dr. Ford Tamer, who served as president and chief executive officer of Inphi for almost 10 years, joins Marvell’s board as a director.

Since the merger was announced in late October, Marvell shares have climbed 19% through Wednesday’s close.

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What technologies do IT billionaires invest in? | Investing in Technology

https://youtube.com/watch?v=B-9STVkHK9o

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You are on PRO Robot Channel and today we’re going to talk about what technologies IT billionaires are investing in. Eternal life and health, flying cars, artificial intelligence – this is just a small part of the interests of the richest people on the planet. Today we will analyze in details where IT billionaires invest and what will be our future. Watch the video to the end and write your impressions in the comments after watching the video.

Time Codes:
0:00 Intro.
0:24 Jeff Bezos
0:49 Blue Origin
1:18 Vertical Farms Startup
1:41 Lookout
1:49 Holy Grail
2:01 Amazon Artificial Intelligence
2:45 Elon Musk
3:20 Paypal
3:34 SpaceX
3:59 Artificial Intelligence
4:45 The Boring company
5:26 Where is Bill Gates investing?
6:08 Where Mark Zuckerberg is investing
7:19 Where Warren Buffett is investing
7:43 Larry Ellison
8:02 Larry Page
8:33 Sergey Brin
9:20 Conclusion

#prorobots #artificialintelligence #supersmartt #elonmusk #technology #technologynews #sciencenews

Over 3300% Returns?! Top Performing Canadian Technology Stocks In 2020

**This video is by no means a “top” list. These are simply the best performing Canadian tech stocks in terms of share price**

Did you know we spotted Shopify in late 2018 and relayed it to Premium members? Those who bought then are now sitting on gains of 600% in under 2 years. Stocktrades Premium is a no brainer. So why not get started for free below.

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**Mats pronunciation of Real Matters is his French coming out** ?

As for this video, we’re beginning a series to close out the remainder of the year, where we go over the best performing Canadian stocks in a multitude of sectors. We already covered some of the best Canadian stocks when it comes to banks, and now we’re moving on to the best Canadian technology companies.

Keep in mind, these videos are simply PERFORMANCE based. Meaning this is not a list of the best Canadian tech stocks to the worst. This is simply a video on some of the top performers share price wise, from least to highest.

The technology sector saw some insane level gains in 2020, primarily fueled by stay at home shifts due to COVID-19. However, Canadian tech stocks shouldn’t just be looked at in this light. Tech stocks are becoming a defensive option in an investment portfolio, rather than an optional play for high-growth investors.

Sure, these are high growth stocks, but they’re also stocks that if you held any significant portion of your portfolio in during the pandemic, you likely outperformed in a big way.

Over 3300% Returns?! Top Performing Canadian Technology Stocks In 2020 Chapters:

00:00 – Introduction
02:23 – Tech Stock Outperformance
01:05 – Kinaxis Stock
02:32 – Real Matters Stock
04:15 – Shopify Stock
07:44 – Docebo Stock
10:06 – AcquityAds Stock
13:23 – Conclusion