Zhi Tong Cai Jing·2025-12-10 14:35Core Viewpoint - Marvell Technology (MRVL.US) shares rose over 1.7% following CEO Mark Murphy's denial of recent reports regarding the loss of business from Amazon (AMZN.US) and Microsoft (MSFT.US), which boosted market sentiment [1] Group 1: Business Stability - CEO Mark Murphy stated that there has been no change in the company's business from Tuesday to Friday, directly refuting media claims about customer loss [1] - Concerns about Marvell's customer base stability arose after reports indicated Microsoft was seeking assistance from Broadcom (AVGO.US) to develop custom AI chips and Benchmark downgraded Marvell's stock rating based on the belief that Marvell lost Amazon chip design orders [1] Group 2: Future Outlook - Marvell provided a positive business outlook for the next two years during its quarterly earnings announcement, receiving favorable reviews from Wall Street analysts [1] - The company confirmed plans to acquire Celestial AI for at least $3.25 billion, which includes $1 billion in cash and 27.2 million shares of Marvell stock (valued at approximately $2.25 billion), a move expected to strengthen Marvell's position in AI acceleration and high-performance interconnects [1]