Nvidia Invests $2B in Marvell, Deepens Partnership | Bloomberg Tech 3/31/2026

Nvidia invests $2 billion in Marvell Technology

The strategic partnership grants Nvidia access to Marvell's photonics and networking technology to connect AI chips more efficiently, reducing power consumption in data centers.

CoreWeave closes largest chip-backed debt deal

The neocloud operator raised $8.5 billion collateralized by semiconductor inventory and a Meta customer contract, bringing total debt to $23 billion against a $40 billion market cap.

Nvidia backing unlocks speculative credit

A property developer with no revenue secured $3.8 billion in debt solely based on Nvidia's guarantee to purchase future data center capacity, highlighting the chipmaker's credit market influence.

Super Micro plunges on co-founder indictment

Investors are fleeing the AI server maker after co-founder Charles Liang was indicted for allegedly circumventing China export controls, compounding existing accounting irregularities.

Activist Irenic Capital targets Snap turnaround

The activist investor is demanding layoffs, shutdown of the wearable glasses business, stock buybacks, and deeper AI integration to reverse Snap's 91% stock decline over five years.

Saronic raises $1.75 billion for autonomous naval drones

Valued at $9.25 billion, the startup will scale production of unmanned surface vessels to address the U.S. shipbuilding crisis where China holds a 230-to-1 capacity advantage.

Carlyle pitches defense re-industrialization fund

The private equity firm is targeting the $150 billion U.S. Army infrastructure investment plan and global defense modernization trends with a new specialized fund.

Drone boats reduce risk in contested waters

Saronic CEO Dino Mavrookas emphasized that unmanned systems can perform dangerous missions like Strait of Hormuz mine clearing while keeping sailors out of harm's way at a fraction of manned platform costs.