Dec 3 (Reuters) - Marvell Technology (MRVL.O), opens new tab jumped 9.3% to a nine-month high on Wednesday after its $3.25 billion deal to acquire semiconductor startup Celestial AI bolstered investor ...
Marvell Technology is positioned as a critical AI infrastructure player, benefiting from robust data center and XPU/GPU demand. MRVL delivered record Q3'26 revenue of $2.1B (+37% Y/Y) with a 51.6% ...
Tech newsletter The Information reported that U.S. chipmaker Marvell Technology is in advanced talks to acquire chip startup Celestial AI in a cash-and-stock deal potentially valued at more than $5 ...
Dec 3 (Reuters) - Marvell Technology shares climbed 9% premarket on Wednesday after its $3.25 billion deal to acquire semiconductor startup Celestial AI deepened investor confidence in the chipmaker's ...
Marvell Technology, a provider of data infrastructure semiconductor solutions, has reached an agreement to acquire Celestial AI, a developer of AI computing platforms, for an upfront sum of about ...
Chipmaker Marvell Technology Inc. said today it has agreed to acquire a networking startup called Celestial AI Inc. that’s developing optical interconnect technology to enable more rapid data center ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Marvell Technology‘s (NASDAQ:MRVL) stock tumbled 7% ...
Marvell Technology MRVL-1.36%decrease; red down pointing triangle agreed to acquire Celestial AI in a cash and stock deal valued at $3.25 billion in a bid to help the semiconductor company build out ...
Dec 3 (Reuters) - Marvell Technology jumped 9.3% to a nine-month high on Wednesday after its $3.25 billion deal to acquire semiconductor startup Celestial AI bolstered investor confidence in the ...
Marvell Technology earns a Strong Buy rating after robust Q3 earnings, strong guidance, and compelling valuation in the AI-driven data infrastructure market. MRVL’s diversified business mix, with 75% ...
Marvell Technology Inc. rallied after reassuring investors that its custom chip-design unit is winning repeat orders, signaling continued growth as the company benefits from runaway spending on AI ...
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