Annie 所长|Oct 29, 2026 12:57
Marvell is reportedly planning to acquire Lumentum for over $80 billion, with an official announcement expected as early as next week.
MRVL shares plummeted 11% – can't afford it but still trying to buy? A sell-off ensued! LITE shares surged 17%!
Was Marvell ruined by Jensen Huang's prediction of a "market capitalization of one trillion"? Wanting to acquire the entire optical interconnect business is understandable, but with only $3.9 billion in cash, where did they get the $80 billion?
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