POET Technologies shares surge 12.89% intraday as Marvell's acquisition of Celestial AI validates its optical technology.

POET Technologies surged 12.89% intraday as Marvell Technology’s $3.25 billion acquisition of Celestial AI validated its photonics technology and signaled potential growth. The deal, announced alongside Marvell’s Q3 results, highlighted Celestial AI’s optical fabric platform as a critical enabler for AI infrastructure, aligning with POET’s upstream optical interposer solutions. Celestial AI, a prior POET customer, praised their co-developed technology, fueling investor optimism about POET’s role in the AI connectivity boom. The move also coincided with heightened retail trader interest on social media and institutional buying, though the primary catalyst was the strategic validation from Marvell’s acquisition, which underscores demand for optical solutions in high-bandwidth computing.