Marvell Technology, Inc. · NASDAQ:MRVL

Marvell Technology — Investor Presentation (May 2024)

26 slides from Marvell Technology's investor presentation, May 2024

  1. Slide 1: New PCIe Retimer Product Line Scales Compute Fabrics for the AI Era

    New PCIe Retimer Product Line Scales Compute Fabrics for the AI Era May 2024

  2. Slide 2: Forward-looking statements

    Forward-looking statements Except for statements of historical fact, this presentation contains forward-looking statements (within the meaning of the federal securities laws) including statements related to future revenue, future earnings, and the success of our product releases that involve risks a

  3. Slide 3: Overview

    Overview Company founded FY24 revenue 1995 $5.5B Employees Patents worldwide 6,800+ 10,000+ Global fabless semiconductor supplier -100 © 2024 Marvell. All rights reserved. 3

  4. Slide 4: Industry-leading data infrastructure products

    Industry-leading data infrastructure products Storage Electro-optics Processors HDD, SSD and PAM4 DSPs, linear TIAs, drivers and 4G/5G baseband and Fibre Channel controllers coherent DSPs data processor units (DPUs) Networking Automotive Ethernet Security Processors and cloud hardware Ethernet switc

  5. Slide 5: Marvell accelerated infrastructure portfolio

    Marvell accelerated infrastructure portfolio Compute Custom compute Ethernet switch Connectivity Interconnect Storage Controllers © 2024 Marvell. All rights reserved. 5

  6. Slide 6: AI server connectivity market trends

    AI server connectivity market trends AI driving bandwidth growth across every connectivity tier ▪ Data center-to-data center, cluster-to-cluster, server-to-server, and inside servers. Inside AI server compute fabrics accelerating migration to PCIe Gen 6 ▪ Faster connections needed between AI acceler

  7. Slide 7: Data center network and connectivity tiers

    Data center network and connectivity tiers Data center interconnect (DCI) network 1 Between data centers Ethernet over optical 2 Between clusters Frontend network Ethernet over optical 3 Between servers Backend network InfiniBand or Ethernet over optical © 2024 Marvell. All rights reserved. 7

  8. Slide 8: Accelerated infrastructure connectivity tiers

    Accelerated infrastructure connectivity tiers Data Center Inside Servers AI server Between data centers Frontend network 1 NIC/DPUs CPUs Between servers XPUs 3 NIC/DPUs Backend network 2 Between clusters 4 Compute fabrics PCIe / CXL, NVLink, Infinity over copper © 2024 Marvell. All rights reserved.

  9. Slide 9: The challenge for inside server component connections

    The challenge for inside server component connections Gen 4 16Gbps / lane Gen 5 32Gbps / lane Gen 6 64Gbps / lane 1 2 3 4 5 6 7 8 9 Source: Marvell estimates Length (inches) Limits connection distances between AI accelerators, GPUs and CPUs © 2024 Marvell. All rights reserved. Note: Assumes standard

  10. Slide 10: Alaska P PCIe retimers address the distance gap

    Alaska® P PCIe retimers address the distance gap ▪ 5nm PAM4-based PCIe Gen 6 ▪ 16-lane and 8-lane products ▪ Industry’s lowest-power: 10W for 16-lane product ▪ Built on industry-leading Marvell in-house PAM4 IP ‒ SerDes supporting >40dB insertion loss compensation ‒ Field-proven: shipping in multipl

  11. Slide 11: Industry-leading 5nm PAM4 SerDes

    >40dB High- insertion performance loss equalizer Industry-leading 5nm PAM4 SerDes Low-power Field-proven Multiple Marvell 5nm products shipping in high volume © 2024 Marvell. All rights reserved. 11

  12. Slide 12: Extends PCIe Gen 6 connection distances by >5x

    Extends PCIe Gen 6 connection distances by >5x PCIe Gen 4 With single Alaska P retimer 16Gbps / lane PCIe Gen 5 With single Alaska P retimer 32Gbps / lane PCIe Gen 6 With single Alaska P retimer 64Gbps / lane 2 4 6 8 10 12 14 16 18 20+ Source: Marvell estimates Length (inches) Note: Assumes standard

  13. Slide 13: PAM4 modulation is critical for higher PCIe speeds

    PAM4 modulation is critical for higher PCIe speeds 128G 64G 32G 16G Gen 4 Gen 5 Gen 6 Gen 7 NRZ PAM4 modulation modulation Follows Ethernet technology transition from NRZ to PAM4 modulation © 2024 Marvell. All rights reserved. 13

  14. Slide 14: Marvell leveraging PAM4 leadership into PCIe

    Marvell leveraging PAM4 leadership into PCIe First 200G per lane 1.6T Enabled 8 x 200G AI ramp 800G First 100G 8 x 100G per lane 400G First PAM DSP 4 x 100G 200G 4 x 50G Marvell PAM4 technology deployed in all the leading cloud data centers © 2024 Marvell. All rights reserved. 14

  15. Slide 15: PCIe retimers becoming essential for AI servers

    PCIe retimers becoming essential for AI servers Midplane PCIe compute fabric Compute Compute Fabric Switch Fabric Switch (connecting XPUs and CPUs) Connector Connector Connector Retimer Retimer Retimer Retimer Retimer Retimer CPU host AI accelerator CPU CPU XPU XPU XPU XPU baseboard motherboard NIC

  16. Slide 16: Use case: NVMe server storage

    Use case: NVMe server storage Server motherboard Backplane SSD Connector SSD Retimer SSD SSD CPU SSD Connector SSD Retimer SSD SSD PCI retimers enabling PCIe Gen 6 NVMe SSDs © 2024 Marvell. All rights reserved. 16

  17. Slide 17: Use case: disaggregated memory with CXL

    Use case: disaggregated memory with CXL Just a bunch of memory (JBOM) General purpose General purpose server 1 server N CPU CPU CPU CPU CXL controller and expander PCIe retimers enabling server CXL memory expansion © 2024 Marvell. All rights reserved. 17

  18. Slide 18: Use case: disaggregated single server system

    Use case: disaggregated single server system Today Tomorrow Future ▪ Single rack ▪ Two racks ▪ Multiple racks ▪ N XPUs ▪ 2N XPUs ▪ 4N XPUs ▪ ~3m interconnects ▪ ~7m interconnects ▪ ~30m interconnects ▪ Direct attach copper cable (DAC) ▪ Active electrical cable (AEC) ▪ Active optical cable (AOC) Sing

  19. Slide 19: PCIe retimers enable multiple interconnects

    PCIe retimers enable multiple interconnects Module Direct Attach connector Copper Cable Host IC (DAC) Retimer Module connector Active Electrical Host IC Cable (AEC) Retimer Module connector Active Optical Host IC Cable (AOC) Retimer + Optical Driver + TIA + optics Address emerging inside-the-rack an

  20. Slide 20: Distances via PCIe interconnect cable type

    Distances via PCIe interconnect cable type Direct Attach Copper Active Electrical Active Optical Cable Cable Cable (DAC) (AEC) (AOC) Gen 6 64Gbps / lane 1 2 3 4 5 6 7 8 9 >25 Length (m) Source: Marvell estimates Note: Estimates using Marvell Alaska P PCIe retimer on both ends of cable. Marvell lever

  21. Slide 21: Marvell Alaska P to fuel all PCIe interconnect types

    Marvell Alaska P to fuel all PCIe interconnect types DAC AEC AOC (up to 3 meters) (up to ~7 meters) (up to ~30 meters) Collaborating with our industry-leading cable and module customers © 2024 Marvell. All rights reserved. 21

  22. Slide 22: Expanding connectivity leadership into compute fabrics

    Expanding connectivity leadership into compute fabrics Data center interconnect (DCI) Data center Frontend network Compute fabric General purpose servers and storage Backend network © 2024 Marvell. All rights reserved. 22

  23. Slide 23: Comprehensive data center connectivity portfolio

    Comprehensive data center connectivity portfolio Between data centers Inside data centers Inside servers Data center interconnect Frontend and Compute fabrics (DCI) networks backend networks New PCIe retimer product line expands portfolio to compute fabrics © 2024 Marvell. All rights reserved. 23

  24. Slide 24: Key takeaways

    Key takeaways 1 AI driving bandwidth growth across every data center connectivity network and tier. 2 Inside AI server connections between XPUs, GPUs and CPUs migrating to PCIe Gen 6. 3 New category of PAM4 PCIe retimers required to enable scaling of AI server compute fabrics. 4 Marvell expands conn

  25. Slide 25: Thank You

    Thank You

  26. Slide 26: | MARVELL

    | MARVELL Essential technology, done right™

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