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TECH XPLORE

Marvell, Lumentum merge in $115 billion deal amid AI spending jitters

Marvell, Lumentum merge in $115 billion deal amid AI spending jitters — U.S. chipmaker Marvell Technology said Monday it will buy optical components maker Lumentum in a $115 billion all-sto... • Image: Lanka Hit News

U.S. chipmaker Marvell Technology said Monday it will buy optical components maker Lumentum in a $115 billion all-stock deal, the latest bid for scale among AI infrastructure companies as investors increasingly question whether the industry's spending boom will pay off.

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Tech Xplore Marvell Lumentum

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