Marvell Technology (MRVL) Stock on December 5, 2025: AI Earnings, Celestial AI Deal and Ontario Expansion Ignite 2026 Outlook
Marvell Technology shares closed at $98.89 on December 5, up 0.7% after a two-week rally fueled by record Q3 AI-driven earnings and a major photonics acquisition. The stock remains about 21% below its 52-week high and is still down 11%–18% year-to-date. Q3 revenue hit $2.075 billion, up 37% year-on-year, with non-GAAP EPS of $0.76. Data center revenue surged 38% to $1.5 billion.