Changes in US stocks | MRVL.US (MRVL.US) rose 7%, third quarter results exceeded expectations

The Zhitong Finance App learned that on Wednesday, Maywell Technology (MRVL.US) rose 7% to $99.33. According to the news, Maywell Technology announced yesterday its results for the third quarter of the 2026 fiscal year. Revenue was US$2,075 billion, up 37% year on year, exceeding expectations of US$2,069 billion, and adjusted earnings per share of $0.76, exceeding expectations of $0.74. The company expects data center business revenue to increase by more than 25% year-on-year in FY2027, which is significantly higher than market expectations of 16%, and predicts that the growth rate will accelerate further in FY2028.

On December 2, 2025, Maywell Technology announced the acquisition of CelestiAlal for US$3.25 billion in cash and shares, with a maximum transaction value of US$5.5 billion. Through the acquisition of Celestial AI, Maywell received a “future ace.” If optical interconnect technology becomes the standard configuration for next-generation AI servers (the industry generally believes this will be the case), Maywell will master the core IP, which will greatly increase its chips when seeking next-generation orders from cloud giants (such as Microsoft and Google).