$MRVL

The downgrade news from Benchmark tied to Amazon has come out, while on the other side there is the long-term optical infrastructure transformation driven by the Celestial AI acquisition.
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If I were considering an investment, my long term focus would be the Celestial AI acquisition.
This move transforms the company into a platform that offers a full AI infrastructure stack with optical interconnect plus Photonic Fabric.
As I explained in the detailed analysis I shared the other day, photonic chip production will be an inevitable evolution in AI data centers.
This represents structural value creation that goes far beyond today’s debates.