OTTAWA — Marvell Technology Inc., a provider of data infrastructure semiconductor solutions, is investing $238 million for a five-year expansion.
The plan includes the launch of a new office in Toronto as well as the scaling of the company’s semiconductor research and development (R&D) operations in Ottawa and York Region, and the establishment of a new 8,000-square-foot optical lab.
The expansion will also create up to 350 jobs across Ontario’s technology corridor.
According to a release from the province, specialized semiconductors are an essential component for AI infrastructure.
“Marvell is driving innovation in custom AI silicon and connectivity solutions that enable cloud data centre customers to deploy efficient, higher-performance computing systems to drive the next wave of AI innovation,” the release adds.
“As global demand for semiconductors intensifies, investment will leverage Ontario’s world-class tech workers and give the province a competitive advantage as a global hub for semiconductor technology and AI infrastructure. In support of this investment, Ontario is providing up to $17 million in funding through the .”
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