Marvell and Flex, a contract manufacturer for electronics, will join the S&P 500; MRVL jumps 6%+ after hours after closing down 16.74% amid a broader sell-off
Marvell and Flex, a contract manufacturer for electronics, will join the S&P 500; MRVL jumps 6%+ after hours after closing down 16.74% amid a broader sell-off
- Marvell Technology, which makes parts and products needed for the AI infrastructure boom, is joining the S&P 500
Source: Microsoft is in talks to design future custom chips with Broadcom, which would involve Microsoft switching its business from Marvell
Abram Brown / The Information :
Marvell says it will acquire Celestial AI for $3.25B+ in cash and stock, set to close in Q1 2026; the price can rise to $5.5B if Celestial hits revenue targets
Semiconductor company Marvell on Tuesday announced that it will acquire Celestial AI for at least $3.25 billion in cash and stock.
Sources: Marvell is in advanced talks to acquire chip startup Celestial AI in a cash-and-stock deal that could top $5B; Celestial was valued at $2.5B in March
The Information :
Sources: SoftBank explored a potential takeover of Marvell earlier in 2025 to merge it with Arm, in what would have been the chip industry's largest-ever deal
Bloomberg :
Infineon agrees to acquire Marvell's Automotive Ethernet business, expected to generate $225M to $250M in 2025 revenue, for ~$2.5B in cash, set to close in 2025
Vallari Srivastava / Reuters :
A look at chipmaker Marvell, whose market cap has passed Intel's, driven by its data center business; CEO Matt Murphy has reportedly been floated as Intel's CEO
Dan Gallagher / Wall Street Journal :
Sources: Qualcomm is likely to wait until after the US presidential election on November 5 before deciding whether to pursue an offer to buy Intel
The only way a deal of this size - hell, even a deal that doesn't include the Foundry part of Intel - gets done is if Trump wins the White House. — (Also: This is a fantasy, QCOM ain't buying INTC) ...
Marvell Technology is acquiring Inphi in a $10B deal to boost its cloud and 5G offerings
I had the chance to talk last night with Marvell CEO Matt Murphy and optics leader Inphi CEO Dr. Ford Tamer on its deal valued at $10B, which considerably expands Marvell's market opportunity in the c...