本文源自：金融界AI电报 预付对价收购Celestial AI，其中包括10亿美元现金，以及约2720万股Marvell普通股（价值22.5亿美 元）。此外，若Celestial AI达成特定营收里程碑，Marvell将向其股权持有者支付最高约2720万股 Marvell普通股作为增量或有对价，价值上限为22.5亿美元。本次交易预计将于2026年第一季度完成。 ...

Core Viewpoint - Marvell Technology's stock performance has lagged behind industry peers despite strong earnings and growth potential, indicating a shift in market sentiment towards its products, particularly in the AI sector [1][5]. Company Performance - Marvell's stock is down 18% year-to-date, contrasting sharply with the performance of competitors like Nvidia and AMD [1]. - The company reported an all-time high revenue of $2.075 billion, representing a 37% year-over-year growth, and a non-GAAP diluted income per share of $0.76, which is a 77% increase year-over-year [5]. - Following the earnings report, the stock initially fell by up to 8% but rebounded significantly, rising by 15% after hours due to positive commentary regarding future growth expectations [5][6]. Market Trends - There is a growing interest in alternative AI processing units, such as Alphabet's Tensor Processing Units (TPUs) and Broadcom's custom AI accelerators, which may benefit Marvell's offerings in the future [3][4]. - Marvell's data center business growth expectations have increased from 18% year-over-year to 30% year-over-year since the last investor call, indicating a positive shift in market outlook [6].

Core Insights - Marvell Technology (MRVL.US) shares rose over 8% in after-hours trading, reaching $100.39 [1] - The company reported Q3 FY2026 earnings with revenue of $2.08 billion, a 37% year-over-year increase, slightly above market expectations of $2.07 billion [1] - Adjusted earnings per share (EPS) were $0.76, exceeding market expectations of $0.74 [1] - Data center revenue for the quarter was $1.52 billion, a 38% year-over-year increase, also slightly above the expected $1.51 billion [1] - For Q4, the company projects revenue of $2.2 billion and adjusted EPS of $0.79, both in line with market expectations [1] - Marvell Technology announced the acquisition of chip startup Celestial AI for approximately $3.25 billion in cash and stock [1] - The acquisition aims to enhance Marvell's competitive position in AI data center connectivity, competing with Nvidia and Broadcom [1]

智通财经APP获悉，聚焦于大型AI数据中心定制化AI芯片(即 AI ASIC芯片)，以及作为亚马逊AWS Trainium系列AI ASIC最大规模合作伙伴之一的迈威尔科技(MRVL.US)于北京时间周三晨间公布截至11 月1日的2026财年第三财季业绩报告。最新的财报数据显示该公司业绩以及对于未来的业绩展望均超华 尔街分析师平均预期，凸显出英伟达AI GPU算力集群最强劲技术竞争路线——AI ASIC算力集群的需 求无比强劲。 除了强劲Q3业绩以及当前季度业绩展望强劲扩张，该芯片公司还在财报披露中重磅透露将以32.5亿美元 收购聚焦光互连I/O的芯片初创公司Celestial AI以强化其网络产品组合，共同驱动迈威尔科技股价公布 业绩后的美股盘后交易中一度暴涨超16%。然而由于长期与"AI ASIC霸主"——即美国芯片巨头博通公 司，在数据中心定制化AI芯片和高性能网络基础设施市场竞争日益加剧，以及近期华尔街投资机构们 对AI泡沫破裂的潜在担忧，迈威尔股价今年以来已下跌逾15%。 市场最为聚焦的业绩展望方面，迈威尔科技管理层预计第四财季营收约为22亿美元，浮动范围正负 5%，这一基准预测显著高于华尔街分析师 ...

Key Takeaways Market Indexes Resumed Winning Ways After Monday's SellingCRWD, AEO and MRVL All Beat on Q3 Earnings to Varying DegreesADP Private Sector Payrolls & More Data Expected WednesdayTuesday, December 2, 2025Major market indexes spent nearly all day in the green today, but did bounce around a bit. Bitcoin finally caught a bid this afternoon, rising nearly +6% to 91.4K, helping struggling Strategy (MSTR) gain over +5% today. Otherwise, the tech AI infrastructure trade seemed to resume without much ne ...

Core Viewpoint - Marvell Technology Inc. is experiencing a positive shift in investor sentiment due to its custom chip-design unit securing repeat orders, indicating growth driven by increased spending on AI computing [1][2]. Group 1: Revenue Growth and Forecast - Marvell is optimistic about revenue growth, predicting a 20% increase in custom chip sales next year, with large customers renewing orders [2]. - The company forecasts revenue of approximately $2.2 billion for the fiscal fourth quarter, aligning with Wall Street projections [5]. - CEO Matt Murphy stated that Marvell's revenue could reach $10 billion in the next fiscal year, surpassing analyst predictions of $9.47 billion [3]. Group 2: Stock Performance - Following the positive earnings call, Marvell's shares rose over 15% in late trading, recovering from a 16% decline earlier in the year [4]. Group 3: Acquisition of Celestial AI - Marvell announced plans to acquire Celestial AI for at least $3.25 billion, which is expected to enhance its artificial intelligence capabilities [3]. - The acquisition includes $1 billion in cash and $2.25 billion in stock, with additional payouts contingent on Celestial AI achieving specific revenue targets [6][9]. - Celestial AI specializes in photonic fabric technology that improves data movement within AI infrastructure, potentially accelerating AI system performance [7]. Group 4: Market Position and Competition - Marvell aims to capitalize on the AI spending boom, assisting cloud-computing firms like Amazon in designing custom chips, although its products are not as prevalent as those from Nvidia [4]. - The company reported recent customer wins, including an emerging hyperscaler, indicating progress in its custom chip business [5].

For the quarter ended October 2025, Marvell Technology (MRVL) reported revenue of $2.07 billion, up 36.8% over the same period last year. EPS came in at $0.76, compared to $0.43 in the year-ago quarter.The reported revenue represents a surprise of +0.61% over the Zacks Consensus Estimate of $2.06 billion. With the consensus EPS estimate being $0.75, the EPS surprise was +1.33%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...

Marvell Technology (MRVL) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.43 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +1.33%. A quarter ago, it was expected that this chipmaker would post earnings of $0.67 per share when it actually produced earnings of $0.67, delivering no surprise.Over the last four quarters, the company has ...

Marvell talked up dramatic new growth projections that are meaningfully higher than Wall Street was expecting. ...

Marvell Technology (NasdaqGS:MRVL) Q3 2026 Earnings Call December 02, 2025 04:45 PM ET Company ParticipantsChris Caso - Managing DiectorWillem Meintjes - CFORoss Seymore - Managing DirectorAshish Saran - SVP of Investor RelationsMatt Murphy - Chairman and CEOHarlan Sur - Executive Director and Equity ResearchBlayne Curtis - Managing Director and Equity ResearchConference Call ParticipantsChristopher Rolland - Semiconductor AnalystTore Svanberg - Managing Director and Senior Semiconductor AnalystHarsh Kumar ...