Meiman Electronics is currently in deep negotiations to acquire the chip startup company Celestial AI. This deal will be in the form of cash and stock, with a value exceeding several billion dollars.

According to informed sources, Meiman Electronics is in deep negotiations to acquire the chip startup "Celestial AI" located in Santa Clara, and the deal is valued at several billion dollars. According to the agreement they are discussing, Meiman Electronics Technology will pay several billion dollars in a one-time payment to acquire this startup company. According to one of the sources, the startup company has not generated any revenue yet. The source also stated that if the company reaches certain product milestones, they could potentially receive performance-based incentives. The total value of the transaction, including incentives based on product milestones, could exceed 5 billion dollars. These sources suggest that the agreement may be announced as early as Tuesday.