Chipmaker Marvell Technology (MRVL) announced Tuesday that it will acquire semiconductor startup Celestial AI in a $3.25 billion deal, while also issuing a bullish forecast for its next fiscal year.
Marvell Technology shares fell 15% in premarket trading on Friday after the chipmaker’s outlook for data center demand disappointed investors, fueling concerns over uneven sales of its custom AI chips to major cloud providers.
03 Dec 2025-13:48
29 Aug 2025-14:55
