Lumentum Stock Rises as Marvell Takeover Talks Put $83…
By Abdelaziz Fathi
Source excerpt · FinanceFeeds
Lumentum Holdings (NASDAQ: LITE) shares climbed on Thursday after Bloomberg reported that Marvell Technology (NASDAQ: MRVL) was in advanced talks to acquire the optical components maker, potentially creating a major supplier of AI data center chips and optical networking technology. A deal could be announced as soon as next week, according to people familiar with the discussions cited by Bloomberg…