On April 27, 2026, optical solutions provider POET Technologies confirmed in a pre-market press release that ASIC design services giant Marvell Technology had formally canceled all purchase orders. This decision stemmed from POET being accused of violating a confidentiality agreement by disclosing purchase order and shipment information, leading to the breakdown of their partnership.

Marvell's Strategic Positioning

In February 2026, Marvell officially completed its acquisition of Celestial AI, a deal valued at up to $3.25 billion, with the potential total reaching $5.5 billion if Celestial AI achieved specific revenue milestones. Celestial AI's core technology is the "Photonic Fabric" optical interconnect technology, designed to support high-bandwidth, low-latency connections for large-scale AI deployments.

The partnership between POET and Celestial AI began in 2022, with POET serving as a supplier providing optical engines and light source products to Celestial AI. Following Marvell's acquisition, POET naturally became part of Marvell's supply chain, a transition that was expected to bring a stable source of orders for POET.

From Order Confirmation to Complete Cancellation

On April 21, 2026, POET's Chief Financial Officer, Thomas Mika, explicitly stated in an interview with StockTwits: "We have received a purchase order from Marvell, we will ship against that purchase order, we intend to continue that relationship and build that relationship over time." Additionally, POET was awaiting responses from manufacturing giants Foxconn (Hon Hai) and Luxshare Precision.

However, just two days later, on April 23, Marvell issued a written notice to POET announcing the cancellation of all purchase orders. The canceled orders included the initial production unit orders first disclosed by POET in a press release on April 25, 2023. Marvell clearly stated that POET's disclosure of information related to the purchase orders and shipment details violated confidentiality obligations.

Competitive Landscape of Optical Interconnect Technology

This incident occurred during a critical period of rapid development for optical interconnect technology. As AI data centers experience explosive growth in bandwidth demand, traditional copper interconnect technology is gradually reaching its limits, making optical interconnect technology the industry's focal point. Marvell's acquisition of Celestial AI was precisely to strengthen its position in this field, with the goal of achieving $500 million in annual revenue for the Celestial AI business by Q4 FY2028 and doubling it to $1 billion by Q4 FY2029.

POET's core technology is "optical interposers," which enable the connection of optical lasers to tiny fiber optic cables. Although the technology has gained recognition, the company has consistently faced skepticism regarding its "ability to mass-produce." This order cancellation incident has further intensified market concerns about its commercialization capabilities.

CONEVO's Emergency Chip Components Supply

As an independent distributor of electronic components, CONEVO focuses on integrating global inventory resources to provide customers facing urgent material shortages, small batch purchases, or EOL requirements with rapid response and flexible supply solutions. In the current market environment where there is a significant increase in demand for specific power devices, MCUs (Microcontrollers), and storage chips in fields such as AI servers, automotive electronics, and industrial control, while the lead times from OEMs have generally extended, CONEVO distributors, through an efficient global sourcing network, have become a crucial link in ensuring production continuity.

The following are the recommended popular IC models by CONEVO:

● MP5611GQT-Z: A three-output AMOLED display power chip launched by MPS, specifically designed for powering the screens of wearable devices.

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● TPS3808G50DBVR: A low-power voltage monitor from TI, providing high-precision 5V threshold monitoring and manual reset functions.

● P91E0-I5NHGI8: A Renesas programmable multi-channel PMIC, supporting power timing management for Intel Atom SoC.

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