Marvell Stock Dips on Celestial AI Acquisition Regulatory Hurdles

Marvell Technology shares slipped 3% on Friday after the FTC issued an early termination notice related to the company's acquisition of Celestial AI. The deal values Celestial AI at $3.25 billion and is expected to close in Q1 2026, subject to remaining regulatory approvals. Investors are cautious due to the deal's structure, which includes potential additional share payments tied to revenue performance.