Marvell doubles down on AI boom with costly $115 billion Lumentum deal

AI Funding & IPOs (Google News)November 2, 2026en

AI Funding & IPOs (Google News)

AI Global Wire

Marvell Technology is buying optical-components maker Lumentum in a deal valued at $115 billion, as the custom chipmaker steps up its challenge to larger rival Broadcom amid an AI spending boom.

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