Marvell Reports Strong Q3 Results, Beats Guidance with 37% Revenue Growth
Marvell expects semi-custom chip revenue to rise 20% next year, driven by a new next-gen chip for a "major customer."
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Marvell Technology Acquires Celestial AI for up to $5.5B to Lead Optical Interconnect Technology
Marvell takes massive financial gamble on Celestial AI's optical interconnect technology with uncertain returns and delayed revenue timeline.
Amazon Launches Trainium3 AI Chip to Challenge Nvidia's Dominance
Amazon Web Services unveils Trainium3, a cost-effective AI chip that's 4x faster than its predecessor, offering businesses an alternative to Nvidia's market-leading processors.
Stifel Upgrades Teradyne to Buy, Raises Price Target to $225
Stifel upgrades Teradyne to Buy from Hold, citing strong AI growth potential and favorable test revenue trends, raising price target from $162 to $225.
Bending Spoons to Acquire Eventbrite in $500M All-Cash Deal
Bending Spoons will acquire Eventbrite for $500 million, offering shareholders $4.50 per share. The deal aims to enhance Eventbrite with new features, AI tools, and improved event search, with closing expected in the first half of 2026.
Wedbush Names Unity a Top Pick with Higher $55 Price Target
Wedbush adds Unity to its "Best Ideas List", raises price target to $55, and highlights strong long-term growth potential driven by game engine leadership, mobile ads, and new payment solutions.