Hacker News · AI· Element_·· 1 day agoSelectedAI score73
Marvell to Acquire Lumentum for $115B in Major AI Bet
Marvell doubles down on AI boom with costly $115B Lumentum deal
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Chip designer Marvell plans to acquire optical component supplier Lumentum for $115B, further expanding its footprint across the AI data center supply chain. The transaction marks one of the largest M&A deals in the semiconductor and optical communications sectors.
Source:Hacker News · AI · reuters.com