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deep tech TNW October 29, 2026

Marvell nears a deal to buy Nvidia-backed Lumentum, Bloomberg reports

Marvell nears a deal to buy Nvidia-backed Lumentum, Bloomberg reports
AI Summary

Chipmaker Marvell Technology is in advanced talks to buy Lumentum, which makes the lasers that move data between AI chips. Marvell would likely pay in shares, and the companies could announce a deal as soon as next week, according to Bloomberg. Davis and David Carnevali reported the talks for Bloomberg on […] This story continues at The Next Web

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