unit sales

negotiated / contract-based

51.0% Gross Margin (Strong (40-60%))

product sales

Direct sales force, field application engineers, distributors, and manufacturers' representatives

enterprise / institutional

consumer

fabless semiconductor designer

custom semiconductor solutions provider

High

Sublinear

International; primarily Asia

Medium

Low

No

Moderate

High

Moderate

No

High

13.7% Return on Assets (Excellent)

Cyclical

Moderate

0.35x Total Debt / Equity (Conservative)

Low intensity; China's 2023-2025 export-licensing regime on gallium, germanium, antimony, and rare-earth magnet materials — merely suspended for US-bound shipments until the November 2026 cliff, with licensing still in force — combined with advanced-node wafer fabrication concentrated in Taiwan, makes single-jurisdiction supply cutoff rather than commodity price the sector's binding 2026 chokepoint.

Sublinear

N-A

High

["11-0000 Management Occupations", "13-0000 Business and Financial Operations Occupations", "15-0000 Computer and Mathematical Occupations", "17-0000 Architecture and Engineering Occupations", "23-0000 Legal Occupations", "41-0000 Sales and Related Occupations", "43-0000 Office and Administrative Support Occupations"]

0.34 (HIL — ~34% of characteristic roles agent-automatable)

Low intensity; commodities: silicon (polysilicon/wafers), copper, gold, aluminum, rare earth elements (NdPr magnets), gallium/germanium, tin (solder); geopolitical: China's 2023-2025 export-licensing regime on gallium, germanium, antimony, and rare-earth magnet materials — merely suspended for US-bound shipments until the November 2026 cliff, with licensing still in force — combined with advanced-node wafer fabrication concentrated in Taiwan, makes single-jurisdiction supply cutoff rather than commodity price the sector's binding 2026 chokepoint.

Medium burden; regimes: FTC, DOJ, GDPR, FCC, CFIUS, SEC; Antitrust breakup risk and cross-border data sovereignty rules are escalating.

0001835632

MRVL

4.3% CapEx / Revenue (Low-CapEx Asset-Light)

Moderate

active_enforcement_matters,antitrust_exposure_flag,business_model_type_primary,business_model_type_secondary,capital_return_posture,channel_inventory_exposure,churn_vulnerability_index,currency_risk_exposure,customer_acquisition_metric,customer_segment_primary,customer_segment_secondary,cyber_framework_alignment,cyber_incident_materiality,cyber_oversight_body,data_sovereignty_risk,employee_headcount,franchise_compliance_risk,geographic_footprint,geopolitical_supply_exposure,headcount_cost_structure,hedging_program_scope,howey_test_risk_index,interest_rate_sensitivity,international_expansion_readiness,key_person_dependency,liquidity_sufficiency_assertion,marginal_cost_of_growth,market_structure,monetization_vector,named_competitors,network_effect_present,pricing_architecture,pricing_power_rating,product_revenue_concentration,purchase_commitment_rigidity,recession_resistance_tier,regulatory_burden_tier,revenue_model_type,seasonality_pattern,supply_chain_dependency,switching_cost_profile,trade_restriction_exposure,vendor_lock_dependency_score

0

21

-246286

2026-10-01

2026-10-03T13:43|activist_13d_count_1y,activist_last_13d_date,blockholder_13g_count_1y,insider_buys_6m,insider_last_transaction_date,insider_net_shares_6m,insider_sells_6m

7,480 employees as of January 31, 2026; 49% Americas, 42% APAC (including India), 9% EMEA

Low

Advanced Micro Devices (AMD), Alchip Technologies, Astera Labs, Ayar Labs, Broadcom, Cisco Systems, Credo Technology Group, Intel Corporation, Global Unichip Co

Fragmented

Data center = 74% of revenue (fiscal 2026)

Dividend+Buyback; FY2026: $2.0 billion repurchases, $205.1 million dividends

High; export controls and tariffs on China; customer inventory accumulation and vertical integration as mitigation attempts

Affirmed

Moderate; distributor sales at 37% of revenue with inventory programs disclosed

No

Moderate; capacity reservations with foundries and some non-cancellable obligations; $590.6 million repaid on term loan in fiscal 2026

No

NIST CSF

Audit Committee

Low-Moderate; most sales and expenses in USD; 10% USD weakening would increase operating expenses ~2%

Foreign currency forwards and options available but selectively employed; no commodity hedging disclosed

0

8

none in window

unit sales

negotiated / contract-based

51.0% Gross Margin (Strong (40-60%))

product sales

Direct sales force, field application engineers, distributors, and manufacturers' representatives

enterprise / institutional

consumer

fabless semiconductor designer

custom semiconductor solutions provider

High

Sublinear

International; primarily Asia

Medium

Low

No

Moderate

High

Moderate

No

High

13.7% Return on Assets (Excellent)

Cyclical

Moderate

0.35x Total Debt / Equity (Conservative)

Low intensity; China's 2023-2025 export-licensing regime on gallium, germanium, antimony, and rare-earth magnet materials — merely suspended for US-bound shipments until the November 2026 cliff, with licensing still in force — combined with advanced-node wafer fabrication concentrated in Taiwan, makes single-jurisdiction supply cutoff rather than commodity price the sector's binding 2026 chokepoint.

Sublinear

N-A

High

["11-0000 Management Occupations", "13-0000 Business and Financial Operations Occupations", "15-0000 Computer and Mathematical Occupations", "17-0000 Architecture and Engineering Occupations", "23-0000 Legal Occupations", "41-0000 Sales and Related Occupations", "43-0000 Office and Administrative Support Occupations"]

0.34 (HIL — ~34% of characteristic roles agent-automatable)

Low intensity; commodities: silicon (polysilicon/wafers), copper, gold, aluminum, rare earth elements (NdPr magnets), gallium/germanium, tin (solder); geopolitical: China's 2023-2025 export-licensing regime on gallium, germanium, antimony, and rare-earth magnet materials — merely suspended for US-bound shipments until the November 2026 cliff, with licensing still in force — combined with advanced-node wafer fabrication concentrated in Taiwan, makes single-jurisdiction supply cutoff rather than commodity price the sector's binding 2026 chokepoint.

Medium burden; regimes: FTC, DOJ, GDPR, FCC, CFIUS, SEC; Antitrust breakup risk and cross-border data sovereignty rules are escalating.

0001835632

MRVL

4.3% CapEx / Revenue (Low-CapEx Asset-Light)

Moderate

active_enforcement_matters,antitrust_exposure_flag,business_model_type_primary,business_model_type_secondary,capital_return_posture,channel_inventory_exposure,churn_vulnerability_index,currency_risk_exposure,customer_acquisition_metric,customer_segment_primary,customer_segment_secondary,cyber_framework_alignment,cyber_incident_materiality,cyber_oversight_body,data_sovereignty_risk,employee_headcount,franchise_compliance_risk,geographic_footprint,geopolitical_supply_exposure,headcount_cost_structure,hedging_program_scope,howey_test_risk_index,interest_rate_sensitivity,international_expansion_readiness,key_person_dependency,liquidity_sufficiency_assertion,marginal_cost_of_growth,market_structure,monetization_vector,named_competitors,network_effect_present,pricing_architecture,pricing_power_rating,product_revenue_concentration,purchase_commitment_rigidity,recession_resistance_tier,regulatory_burden_tier,revenue_model_type,seasonality_pattern,supply_chain_dependency,switching_cost_profile,trade_restriction_exposure,vendor_lock_dependency_score

0

21

-246286

2026-10-01

2026-10-03T13:43|activist_13d_count_1y,activist_last_13d_date,blockholder_13g_count_1y,insider_buys_6m,insider_last_transaction_date,insider_net_shares_6m,insider_sells_6m

7,480 employees as of January 31, 2026; 49% Americas, 42% APAC (including India), 9% EMEA

Low

Advanced Micro Devices (AMD), Alchip Technologies, Astera Labs, Ayar Labs, Broadcom, Cisco Systems, Credo Technology Group, Intel Corporation, Global Unichip Co

Fragmented

Data center = 74% of revenue (fiscal 2026)

Dividend+Buyback; FY2026: $2.0 billion repurchases, $205.1 million dividends

High; export controls and tariffs on China; customer inventory accumulation and vertical integration as mitigation attempts

Affirmed

Moderate; distributor sales at 37% of revenue with inventory programs disclosed

No

Moderate; capacity reservations with foundries and some non-cancellable obligations; $590.6 million repaid on term loan in fiscal 2026

No

NIST CSF

Audit Committee

Low-Moderate; most sales and expenses in USD; 10% USD weakening would increase operating expenses ~2%

Foreign currency forwards and options available but selectively employed; no commodity hedging disclosed

0

8

none in window