Marvell in talks to buy Lumentum; shares jump

· Finance · United States

Lumentum's stock jumped as investors welcomed a possible sale of the company to Marvell, according to Bloomberg, which reported that an agreement between the two could come as soon as next week. The report offers no deal value. Lumentum makes optical components used in data-center networks, a segment benefiting from AI-driven demand.

Why it matters：If completed, the deal would fold a key optical-component supplier into a major chipmaker, deepening consolidation in the AI networking supply chain.

Key points

  • Bloomberg reported an agreement could come next week
  • No deal value was disclosed
  • Lumentum supplies optical components

Sources (original reporting)

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