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Marvell Is in Talks to Buy an $83 Billion AI Laser Maker
Source: 247wallst.com
Artificial IntelligenceM&A & RestructuringTechnology & InnovationInvestor Sentiment & Positioning
Marvell is reportedly nearing a deal to gain control of light sources used in AI data centers. Marvell's stock fell sharply after hours while the target's shares surged; the article fragment also mentions a $2 billion NVIDIA stake but provides no further details.
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