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11/2/2026

Marvell to Acquire Lumentum in $115 Billion Deal as AI Infrastructure Spending Drives Semiconductor Consolidation

Marvell agrees to acquire Lumentum in a $115 billion all-stock deal, expanding its AI networking business as demand for data-center connectivity grows.

3 min read

Conference Presentation

10/2/2026

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Movers

Symbol	Change
INO	213.75%
VCIG	168.4%
CLRO	65.69%
EVGO	46.83%
PERI	31.15%

Symbol	Change
DRUG	-52.35%
CMPS	-27.31%
PGEN	-25.94%
SGML	-25.57%
YSG	-20.44%

Symbol	Volume	Change
UCYB	50.87M	743071.51%
CFSB	18.41M	206196.26%
NEUE	5.56M	84264.13%
TH:CA	18.88M	72329.77%
PBBK	3.91M	39565.05%

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channelchek-in

Marvell to Acquire Lumentum in $115 Billion Deal as AI Infrastructure Spending Drives Semiconductor Consolidation

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