GgoogleCA first seen 4 d ago, last 10 min ago, peak #1
Marvell to Buy Lumentum in $80 Billion Chip Deal
Original: lite stock
Chipmaker Marvell has agreed to acquire optical components maker Lumentum in a deal valued at roughly $80 billion, one of the largest semiconductor-sector acquisitions on record. The news sent optical stocks sharply higher, with Lumentum up around 8% and peer Coherent climbing 6% after StoneX initiated both with Buy ratings, projecting up to 103% upside. Investors are weighing consolidation across optical and AI-linked chip suppliers.
Why now: The announcement of a massive chip-sector acquisition moved related stocks and is drawing heavy investor attention.
Marvell TechnologyLumentumCoherentStoneX
Rank over time, top of the chart is #1. 9 snapshots from 4 d ago to 10 min ago.
Evidence
- Marvell’s AI Megadeal Hands Wall Street Multiple M&A Milestones · Bloomberg
- Chip Maker Marvell Agrees to Buy Lumentum in $80 Billion Deal · WSJ
- Marvell To Buy Lumentum For $115 Billion, Creating AI Connectivity Leader · Investor's Business Daily
- Coherent Soars 6%, Lumentum Up 8% as StoneX Starts Both With Buy, Sees 103% Upside · TIKR.com
Elsewhere
API: https://socialmediatrends-api.osmike.com/v1/trends/4038266