Core Insights - Marvell Technology is acquiring semiconductor startup Celestial AI for $3.25 billion to enhance its compute capacity in response to increasing demand for AI infrastructure [1][2] - Following the announcement, Marvell's stock rose over 5% intra-day [1] Acquisition Details - The acquisition provides Marvell with access to Celestial AI's photonics technology, which utilizes light instead of electrical signals to connect AI and memory chips [2] - Marvell is competing with Broadcom and Nvidia in the AI-optimized chip market, with CEO Matt Murphy indicating that hyperscale customers may adopt photonics technology as early as 2027 [2] - The company anticipates that the acquisition will start contributing significant revenue in the second half of fiscal 2028 [2] Financial Performance - Marvell reported adjusted EPS of $0.76 for Q3 on revenue of $2.08 billion, slightly exceeding analyst expectations of $0.74 and $2.07 billion [3] - For Q4, Marvell projects adjusted EPS of $0.79 at the midpoint on revenue of $2.20 billion, surpassing estimates of $0.77 and $2.17 billion [3]

Core Insights - Marvell Technology is a significant player in the semiconductor industry, focusing on data infrastructure technology and competing with major companies like Intel and Broadcom [1] Financial Performance - KeyBanc has set a new price target for Marvell at $130, indicating a potential increase of about 40% from the current trading price of $92.89 [2][5] - Following the acquisition announcement, Marvell's shares surged by 9% in premarket trading, reflecting positive market reception [3][5] - The stock is currently priced at $92.89, with a trading volume of 38.08 million shares on the NASDAQ exchange [3] Market Activity - Marvell's stock has shown significant volatility, with a 52-week high of $127.48 and a low of $47.09, indicating active trading and investor interest [4] - The current market capitalization of Marvell stands at approximately $80.09 billion [4] Strategic Moves - Marvell's acquisition of Celestial AI for $3.25 billion is seen as a strategic move to enhance its capabilities in next-generation AI infrastructure, boosting investor confidence [2][5]

Microsoft was down nearly 2% after reports it cut AI-related sales quotas. The company pushed back on that claim, which helped the stock rebound from session lows, but not enough to flip the tech group. Nvidia was slightly lower, and Broadcom slipped more than 1%. Same with Micron — down more than 1% as the AI complex took a breather. Sellers pushed on that pocket, but buyers elsewhere stepped in to offset the pressure.What’s Driving Sector Rotation TodayEnergy leads by a wide margin, up 1.6%, with financia ...

Bernin, on December 3, 2025 (Article L. 233-8 II of the French Commercial Codeand article 223-16 of the General Regulation of the French financial markets authority (AMF)) Corporate name and address of the company: SOITECParc Technologique des Fontaines - Chemin des Franques 38190 Bernin (FRANCE) Statement dateTotal number of shares forming the share capitalTotal number of voting rights 11/30/2025 35,772,015(1) Number of theoretical (gross) voting rights (2): 45,785,839<td style="width:62.0836%;;vertical-a ...

Memory chipmaker Micron Technology said on Wednesday it has decided to exit its "Crucial" consumer business, including the sale of the unit's consumer-branded products at retailers, e-tailers and dist... ...

### Key Takeaways* Marvell Technology reported a quarterly profit ahead of analyst' estimates, thanks in part to strong data center demand.* The semiconductor company also said it is acquiring Celestial AI in a $3.25 billion deal.Marvell Technology ([MRVL](https://www.investopedia.com/markets/quote?tvwidgetsymbol=MRVL)) shares jumped Wednesday after the semiconductor company topped profit estimates on strong data center demand and announced an AI acquisition.The shares were up close to 5% in recent trading, ...

BOISE, Idaho, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), a leader in innovative memory and storage solutions, today announced its decision to exit the Crucial consumer business, including the sale of Crucial consumer-branded products at key retailers, e-tailers and distributors worldwide. Micron will continue Crucial consumer product shipments through the consumer channel until the end of fiscal Q2 (February 2026). The company will work closely with partners and customers throug ...

Summary of Advanced Micro Devices (AMD) 2025 Conference Call Company Overview - **Company**: Advanced Micro Devices (AMD) - **Date**: December 03, 2025 - **Speaker**: Dr. Lisa Su, CEO of AMD Key Industry Insights - **Transformation in Data Center Business**: AMD has transformed its business model, increasing its data center revenue from less than 20% to nearly 50% over the past few years, driven by a focus on high-performance computing and AI [3][4][5] - **Market Growth**: The data center business has been growing at over 50% annually, with expectations to accelerate to over 60% in the coming years [5][6] - **Total Addressable Market (TAM)**: AMD has revised its data center TAM to $1 trillion by 2030, with a projected $500 billion by 2028, aiming for a double-digit market share [6][7] Competitive Advantages - **Holistic Market View**: AMD's unique capability lies in its comprehensive portfolio, including CPUs, GPUs, FPGAs, and ASICs, allowing it to adapt to changing workloads in the computing market [7][8] - **Chiplet Technology**: AMD has pioneered chiplet technology, now in its fifth generation, which is crucial for meeting evolving workload demands [7][8] - **Strong Market Position**: AMD holds over 40% revenue share in the EPYC data center server CPU market and is well-positioned for future growth [8][9] AI and Computing Landscape - **AI Supercycle**: AMD views the current AI landscape as a supercycle, emphasizing the need for increased compute capabilities rather than a bubble [20][21] - **Investment in AI**: The company has seen significant productivity gains from AI investments, indicating a positive return on investment for enterprises [22][23] - **Diverse AI Solutions**: AMD believes in a multi-model approach to AI, where different models serve various use cases, enhancing flexibility and innovation [24][25] Strategic Partnerships and Acquisitions - **Acquisition of ZT**: The integration of ZT is aimed at enhancing AMD's full-stack solutions, combining system design with hardware and software capabilities [25][26] - **Partnership with OpenAI**: AMD's partnership with OpenAI involves offering 10% of the company with warrants, aimed at co-optimizing hardware and software for AI applications [30][31] CPU Market Dynamics - **Strong Demand**: There has been a significant uptick in CPU demand, driven by AI workloads and refresh cycles, with expectations for substantial growth in the CPU market over the next few years [36][37] - **Trusted Partner**: AMD is recognized as a trusted partner among hyperscalers, with ongoing discussions to build best-in-class roadmaps for CPU development [39][40] Client PC Business - **Market Share Growth**: AMD aims to increase its client PC market share to over 40%, focusing on premium segments where its products excel [41][42] - **Impact of Memory Prices**: While monitoring commodity prices, AMD does not foresee significant negative impacts on demand from rising memory costs [44] Supply Chain and Growth Constraints - **Supply Chain Confidence**: AMD has established strong partnerships with suppliers to ensure access to advanced technology and materials, which is crucial for meeting growth targets [45][46] - **Power Infrastructure**: The company is closely monitoring power availability for data centers, with positive developments in the U.S. and globally [46][47] Conclusion - AMD is strategically positioned for growth in the data center and AI markets, leveraging its technological advancements and partnerships to enhance its competitive edge. The company remains optimistic about its future prospects, focusing on innovation and customer collaboration.

Nvidia recently presented the case for there being much more room for growth.In today's video, I discuss recent updates affecting Nvidia (NVDA 0.43%) and other artificial intelligence stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the market prices of Dec. 2, 2025. The video was published on Dec. 2, 2025. ...

Amazon continues to develop its own AI chips, yet Nvidia still emerges victorious.In today's video, I discuss recent updates affecting Amazon (AMZN 1.04%), Nvidia (NVDA 0.54%), and other artificial intelligence stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of Dec. 2, 2025. The video was published on Dec. 2, 2025. ...