Marvell acquires Lumentum in $115 billion push to dominate AI connectivity

Marvell is acquiring Lumentum for $115 billion in stock to strengthen its position in AI connectivity by combining custom chips with optical technology, expanding the market opportunity to $550 billion. The move targets the fast-growing AI data center interconnect market and challenges Broadcom's dominance.

This Wire brief sits within Fusion42's coverage of Semiconductors, and 4 sources have reported it.