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Event Brief

Poet shares plunge after Marvell exits AI deal

Poet Technologies said chip maker Marvell is walking away from a key AI partnership, sending its stock down nearly 50%.
WHO: Poet Technologies
WHAT: disclosed that Marvell is walking away from a key AI partnership
WHEN: Apr 27, 2026 at 2:36 PM ET
WHERE: Location not specified
WHY: Marvell is walking away from a key AI partnership
Sources (1): MarketWatch

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