Marvell stock rises today as Fed minutes loom — and a CES CEO chat is next
Marvell Technology shares rose 1.1% to $86.74 in early afternoon trading Tuesday, outpacing a subdued U.S. market ahead of the Federal Reserve’s December meeting minutes. The company is set to showcase new AI infrastructure products at a Jan. 6 CES event with CEO Matt Murphy. Marvell recently agreed to acquire photonics startup Celestial AI for $3.25 billion.