Marvell expects meaningful revenue contributions from Celestial AI to begin in the second half of fiscal 2028, reaching a $500m annualised run rate in the fourth quarter of fiscal 2028 and doubling to ...
While much of the market's attention remains fixed on Nvidia, a significant and perhaps underappreciated transformation is ...
Marvell Technology is capitalizing on the AI boom with its $3.25B acquisition of Celestial AI, enhancing its high-speed ...
Major stock indexes ended higher for the seventh time in eight sessions Wednesday after initially declining following a poor private-payrolls reading and a report that Microsoft is cutting AI software ...
U.S. stocks rose near their record levels on Wednesday as mixed data on the economy kept alive hopes that a cut to interest ...
It was only a matter of time before Marvell was going to make another silicon photonics acquisition, and the $2.5 billion ...
The big change on the latest call, in Buchalter's view, was Marvell's "relatively unequivocal commentary" on its next-generation custom chips and disclosure that it has purchase orders for all of ...
Dec 3 (Reuters) - U.S. stock index futures edged higher on Wednesday as investors priced in a high chance that the Federal ...
Marvell Technologies rose sharply afer the chip maker posted strong earnings growth, and said it would be acquiring AI start-up Celestial AI in a cash-and-stock deal valued at approximately $3.25 ...
Energy was the best performing sector, lifted in part by a rise in oil prices. Traders' expectations for a 25-basis-point cut at next week's Fed meeting inched up to 89% after the data, up from around ...
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