Celestial AI & Marvell Technology

Celestial AI: Marvell closed the acquisition of Celestial AI in February 2026 to gain photonic fabric technology, supporting its optical interconnect strategy.

Marvell Technology: Marvell reported solid data center growth and raised its revenue outlook, with stock surging 39% post-earnings. However, its acquisition-heavy strategy and high valuation (66x P/E) introduce concentration risk.

Celestial AI: Celestial AI is among the companies receiving equity investments from AMD, contributing to the advancement of photonics for AI.

Marvell Technology: Marvell Technology is benefiting from Nvidia's investments in photonics, which has contributed to a notable increase in its share value.

Celestial AI: Celestial AI's purchase orders with POET Technologies were cancelled by its owner, Marvell Technology, due to POET Technologies' confidentiality violations.

Marvell Technology: Marvell Technology cancelled all purchase orders with POET Technologies, citing violations of confidentiality obligations, which significantly impacted POET Technologies' stock price and is a central point in the class action lawsuits.

Celestial AI: Celestial AI is a semiconductor startup acquired by Marvell Technology for its work on photonics, a technology reliant on indium phosphide.

Marvell Technology: Marvell Technology acquired Celestial AI to tap into photonics work, highlighting the industry's move towards photonics which relies on indium phosphide.