Technology
Marvell moves on Lumentum to own the optics inside AI clusters
Marvell is in advanced talks to acquire Lumentum, the data-centre optics supplier valued at about $83bn against Marvell's $221bn, with an announcement possible as soon as next week, according to Bloomberg. Lumentum makes lasers, photonic integrated circuits and transceivers that have become a bottleneck in AI clusters, and Nvidia bought $2bn of its preferred stock in March. Lumentum rose after hours while Marvell fell.