Marvell to buy Lumentum in <astro-island uid=

15 billion deal in AI data-center bet" class="h-full w-full object-contain" loading="eager" fetchpriority="high" />

marketsGlobal

Marvell to buy Lumentum in 15 billion deal in AI data-center bet

(Reuters) · Business RecorderNovember 2, 2026Read original ↗

Marvell Technology is buying optical components maker Lumentum in a 15 billion all-stock deal, including debt, as the custom chipmaker takes on larger rival Broadcom in a race to cash in on the AI spending boom.