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Celestial AI (Marvell) Stock

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Valuation$3.25B1, 2
Valuation DateFeb 2, 2026
Implied Valuationn/a
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52-Week Lown/a
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3-Year Returnn/a
Total Funding$515M3
Latest Round Amountn/a
Latest RoundAcquired
Funding Rounds6
IPO StatusUnknown
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About Celestial AI

Celestial AI is a semiconductor company that develops optical interconnect technology for artificial intelligence data centers. Its main product is the Photonic Fabric, a platform that uses light instead of electrical signals to move data between processors, memory and other chips. The technology is designed to be built directly into a chip package as an optical interposer, letting AI systems scale across many processors without hitting the memory-bandwidth and data-movement limits that constrain large models. The company licenses the Photonic Fabric platform to chipmakers, hyperscalers and memory suppliers rather than selling finished chips itself. In February 2026 Marvell Technology completed its acquisition of Celestial AI for about $3.25 billion upfront plus up to $2.25 billion in additional earnout consideration, folding the Photonic Fabric team into Marvell's Data Center Group.

Founded 2020
Country United States
CEO David Lazovsky
Founders David Lazovsky, Preet Virk, Michelle Tomasko
Headquarters Santa Clara, CA

Important Updates

Celestial AI was acquired by Marvell Technology (MRVL) for $3.25B in February 2026.

News

Marvell Completes Acquisition of Celestial AI

SANTA CLARA, Calif.--(BUSINESS WIRE)--Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced that it has completed its previously announced a...

Other symbols: MRVL
7 months ago - Business Wire

Marvell Technology to acquire Celestial AI for $3.25B

Marvell Technology Inc. shares rallied sharply in late trading after the semiconductor company reassured investors about the momentum of its custom chip business and announced a multibillion-dollar ac...

Other symbols: MRVL
9 months ago - Invezz

Marvell to acquire Celestial AI for as much as $5.5 billion

Semiconductor company Marvell on Tuesday announced that it will acquire Celestial AI for at least $3.25 billion in cash and stock. The purchase price could increase to $5.5 billion if Celestial hits r...

Other symbols: MRVL
9 months ago - CNBC

Marvell to buy chip startup Celestial AI to boost networking portfolio

Chipmaker Marvell Technology said on Tuesday it will buy semiconductor startup Celestial AI in a cash-and-stock deal worth $3.25 billion, as it looks to upgrade its networking products amid intensifyi...

Other symbols: MRVL
9 months ago - Reuters

Marvell to Acquire Celestial AI, Accelerating Scale-up Connectivity for Next-Generation Data Centers

SANTA CLARA, Calif.--(BUSINESS WIRE)--Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced it has entered into a definitive agreement to ac...

Other symbols: MRVL
9 months ago - Business Wire

Why Marvell Wants To Buy Celestial AI

Tech newsletter The Information reported that U.S. chipmaker Marvell Technology is in advanced talks to acquire chip startup Celestial AI in a cash-and-stock deal potentially valued at more than $5 bi...

Other symbols: MRVL
9 months ago - Forbes

Marvell in advanced talks to buy Celestial AI in multi-billion-dollar deal, The Information says

U.S. chipmaker Marvell Technology is in advanced talks to acquire chip startup Celestial AI in a cash-and-stock deal worth multiple billions of dollars, the Information reported on Monday, citing peop...

Other symbols: MRVL
9 months ago - Reuters

Celestial AI raises $250 million as it looks to speed up links between AI chips

Celestial AI raised $250 million in a Series C1 round led by Fidelity Management & Research at a $2.5 billion valuation. The company said the funding would help commercialize and scale production of i...

1 year ago - Reuters

Celestial AI Acquires Rockley Photonics Patent Portfolio, Strengthening Photonic Fabric™ IP

SANTA CLARA, Calif.--(BUSINESS WIRE)--Celestial AI™, the Photonic Fabric™ company, today announced the acquisition of silicon photonics intellectual property from Rockley Photonics (Rockley™), includi...

1 year ago - Business Wire

Celestial AI Closes $175 Million Series C Funding Round Led by U.S. Innovative Technology Fund

Celestial AI closed an oversubscribed $175 million Series C round led by Thomas Tull's U.S. Innovative Technology Fund. The company said the money would fund large-scale customer collaborations to com...

2 years ago - Business Wire

Celestial AI Announces Photonic Fabric Adoption by Lead Hyperscaler Customers

Celestial AI said lead hyperscaler and semiconductor customers had begun designing its Photonic Fabric optical chiplets into their systems. It also detailed ecosystem partnerships with Broadcom and Sa...

2 years ago - Business Wire

Celestial AI Raises $100 Million in Series B Funding

Celestial AI raised $100 million in a Series B round led by IAG Capital Partners, Koch Disruptive Technologies and Temasek's Xora Innovation fund. The company said it would use the funding to expand e...

3 years ago - Business Wire

POET Technologies Introduces “POET Starlight” for the Artificial Intelligence Market and Receives Advanced Purchase Order from Celestial AI

TORONTO, April 25, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic I...

Other symbols: POET
3 years ago - GlobeNewsWire