Marvell Technology (MRVL) Stock Soars on Celestial AI Deal and Bullish Data Center Outlook
Marvell Technology, Inc. (NASDAQ: MRVL) is ripping higher on Wednesday, December 3, 2025, after the chip designer paired record quarterly results with a bold $3.25 billion acquisition of Celestial AI and a sharply upgraded forecast for its AI data center business. Marvell Technology, Inc.+2Reuters+2 As of late-morning U.S. trading, Marvell shares were changing hands in the high‑$90s, up around 5%–6% on the day, after earlier touching above $100. That builds on an after‑hours surge of roughly 14% following Tuesday’s earnings call and deal announcement. StockAnalysis+2CoinCentral+2 The stock has whipsawed in 2025—down mid‑teens year‑to‑date before this move—but is now bouncing back
