Marvell expands AI and cloud role with Celestial AI and XConn offerings

Find your next quality investment with Simply Wall St’s simple and powerful screener, trusted by over 7 million retail investors worldwide.

• Marvell Technology (NasdaqGS:MRVL) has completed the acquisitions of Celestial AI and XConn Technologies.

• The deals expand Marvell’s AI hardware and data center network capabilities and deepen relationships with major cloud providers, including Amazon.

• These transactions mark a shift toward custom silicon for AI workloads and away from lower-margin businesses.

Marvell is a major provider of semiconductor solutions for data centers, cloud providers and network customers, and AI has become a key focus in these end markets. By integrating Celestial AI and For investors watching the broader chip sector, AI infrastructure remains central to the NasdaqGS:MRVL story.