Marvell Technology(US:MRVL) Zhi Tong Cai Jing·2025-12-02 06:57Group 1 - Marvell Technology is in advanced talks to acquire Celestial AI for a deal potentially exceeding $5 billion, with an announcement expected as early as December 3 [1] - The acquisition aims to enhance Marvell's product portfolio and reflects the strong market demand for computing power [1] - Celestial AI has raised a total of $515 million, including $250 million in venture capital from an AMD subsidiary [1][2] Group 2 - Celestial AI is focused on developing a photonic interconnect platform called Photonic Fabric to address the "memory wall" crisis in AI computing architectures [2] - The platform offers high bandwidth, low latency, and low power solutions, facilitating the expansion of AI accelerators from chip to multi-rack deployments [2] - The memory wall has become a significant barrier to system performance as AI model parameters grow, leading to inefficiencies due to mismatched data access speeds [2] Group 3 - The acquisition of Celestial AI would provide Marvell with a strategic advantage in the evolving AI server market, particularly if photonic interconnect technology becomes a standard [3] - Major players like AMD and Intel are looking to break NVIDIA's NVLink monopoly, making Celestial AI's technology crucial for extending their computing capabilities [3] - Marvell's potential ownership of core intellectual property from Celestial AI could enhance its competitiveness in securing next-generation orders from cloud giants like Microsoft and Google [3]