AI Fund Flows

Marvell: AI deals, investors and valuation

🇺🇸 United States · Market cap $127B · MRVL · listed
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As of Nov 9, 2026, Marvell has 3 AI deals of $1B+ in this database: it pays $3.2B and receives $2B (net −$1.2B). It ranks #57 of 198 companies by number of deals.

Pays / invests
$3.2B
Receives
$2B
Net
−$1.2B
Deals
3

Value over time

Listed companies: month-end market cap. Private: latest round valuation. Dots are deals.
Valuation history
  • January 2025$101.5B
  • April 2025$52.5B
  • July 2025$72.3B
  • October 2025$84.3B
  • January 2026$71B
  • April 2026$148.6B
  • July 2026$168.8B
  • October 2026$176.7B
  • November 2026$127B

Receives from

$2B
Nvidia$2B · 100%

Pays to

$3.2B
Celestial AI$3.2B · 100%

Loops it is part of

No closed loop found for this company.

All Marvell deals

Mar 31, 2026Investmentclosed$2B
Nvidia → Marvell · equity stake

Marvell links its custom chips (XPUs) and scale-up networks to the Nvidia ecosystem through NVLink Fusion.

Dec 2, 2025Acquisitionclosed$3.2B
Marvell → Celestial AI · $1 billion cash + shares; up to ~$5.5 billion with earnout

Marvell acquires Celestial AI and its Photonic Fabric for optical interconnects between AI chips; closing on 02/02/2026.

Dec 3, 2024Chips & hardwareannouncedn/a
Amazon → Marvell · undisclosed, five-year agreement

Multi-year, multi-generation agreement: Marvell supplies AWS with custom Trainium 2 chips, optical DSPs, interconnect modules and Ethernet switches.

Questions and answers

Who are Marvell's biggest investors and payers?

Nvidia ($2B).

How much has Marvell invested or spent on AI deals?

$3.2B across 1 deals, the largest with Celestial AI.

How much is Marvell worth?

Market cap: $127B (Nov 9, 2026).

Is Marvell part of a circular deal?

No closed loop found for this company.

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