Marvell's $3.25 Billion Acquisition of Celestial AI Boosts AI and Data Center Growth
TL;DR Summary
Marvell is acquiring Celestial AI to enhance its optical interconnect technology for next-generation AI and data center infrastructure, aiming to lead the shift from electrical to optical connections within data centers, with expected revenue contributions starting in 2028.
Topics:business#ai-infrastructure#celestial-ai#data-centers#marvell#optical-interconnects#technology
- Marvell to Acquire Celestial AI, Accelerating Scale-up Connectivity for Next-Generation Data Centers Marvell Technology
- Marvell to acquire Celestial AI for as much as $5.5 billion CNBC
- Marvell Technology to Acquire Celestial AI for $3.25 Billion, Lifts Outlook for Next Fiscal Year Yahoo Finance
- Why Marvell’s stock is soaring toward its best day in months after earnings MarketWatch
- Marvell shares jump as chipmaker bolsters AI ambitions with Celestial deal Reuters
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