Marvell is reportedly close to acquiring optical component maker Lumentum, a move that has caused Marvell's shares to drop 13% while Lumentum's rose 6%. The deal aims to secure scarce optical components critical for AI data centers, with Lumentum's products in high demand through 2029. Investors are cautious about the acquisition cost and potential dilution for Marvell, which already carries significant debt. The outcome of the talks and deal terms will influence the competitive landscape in AI optics and the valuation of related companies like Coherent and Applied Optoelectronics.
As of Oct 29, 2026 20:21 WIB, Marvell Technology Inc (MRVL) shares are down 11.14% on Pluang, trading at USD 223.61 with a market cap of $226.16B. Lumentum (LITE) is up 6.35%, priced at USD 972.00 and showing strong buy interest with 100% Pluang order activity. Coherent (COHR) and Applied Optoelectronics (AAOI) show mixed performance, with COHR up 2.00% and AAOI down 2.26%, reflecting varied investor sentiment in the optical components sector.
Marvell Technology is reportedly in advanced talks to acquire Lumentum Holdings, an $83 billion AI laser and optical components maker critical for data center AI infrastructure. The deal would combine Marvell's custom silicon and photonics with Lumen...
Marvell Technology is reportedly close to acquiring Lumentum Holdings to strengthen its position in AI data center technology by shifting from copper to optical interconnects using lasers. The deal, not yet signed or announced, could be worth tens of...
Marvell is nearing the acquisition of Lumentum, causing its shares to fall nearly 10% due to worries about the high valuation, as Lumentum is over a third the size of Marvell. Despite the drop, the deal could strengthen Marvell's position in the AI a...
Marvell is negotiating to acquire Lumentum, a key optical component maker with capacity sold out through 2029, highlighting a shortage in advanced optical manufacturing critical for AI data centers. This deal could increase the strategic value of Coh...
Shares of Lumentum Holdings increased in after-hours trading following reports that Marvell Technology is close to acquiring the optical-networking company. While no final agreement has been reached, Bloomberg sources suggest an official announcement...
