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Marvell Sinks 13%, Lumentum Jumps 6% on Reported Acquisition Talks; Coherent Holds Flat, Applied Optoelectronics Drops 3%
Source: 247wallst.com
Artificial IntelligenceTrade Policy & Supply ChainTechnology & InnovationCompany Fundamentals
Marvell Technology is reportedly nearing a deal to secure scarce optical components for AI data centers. The article says traders are rewarding the target and punishing Marvell, but the excerpt provides no deal terms, names, or share-price changes.
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