Who Generates Higher Gross Profit? Marvell Technology, Inc. or Microchip Technology Incorporated

Microchip vs. Marvell: A Decade of Gross Profit Growth

__timestampMarvell Technology, Inc.Microchip Technology Incorporated
Wednesday, January 1, 201417501700001128743000
Thursday, January 1, 201518632570001229564000
Friday, January 1, 201612310920001205464000
Sunday, January 1, 201712881470001757196000
Monday, January 1, 201814619400002420700000
Tuesday, January 1, 201914583920002931300000
Wednesday, January 1, 202013569410003242100000
Friday, January 1, 202114883500003378800000
Saturday, January 1, 202220642250004449600000
Sunday, January 1, 202329875000005697900000
Monday, January 1, 202422936000004995700000
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Infusing magic into the data realm

A Tale of Two Tech Giants: Marvell vs. Microchip

In the ever-evolving landscape of semiconductor technology, Marvell Technology, Inc. and Microchip Technology Incorporated have emerged as key players. Over the past decade, these companies have demonstrated remarkable growth in gross profit, a critical indicator of financial health. From 2014 to 2023, Microchip consistently outperformed Marvell, with a staggering 90% increase in gross profit, peaking at nearly $5.7 billion in 2023. In contrast, Marvell's gross profit grew by approximately 70%, reaching its zenith at $3 billion in the same year.

This trend highlights Microchip's strategic prowess in capturing market share and optimizing operations. However, Marvell's recent surge in 2022 and 2023 suggests a promising trajectory. As the semiconductor industry continues to expand, these companies' financial performances will be pivotal in shaping the future of technology.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025