Marvell stock dips as the chip firm wagers $115 billion on the AI data-center boom
· businessinsider.com · popularity 31/100 · 0 similar stories today · AI & Data Science (Artificial Intelligence)
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Summary
Marvell Technology shares are dropping to start the week after it announced a major bet on the AI infrastructure boom. The US chip-tech maker said it would buy Lumentum Holdings, a producer of photonics technology for data centers, in an all-stock deal worth $115 billion. Marvell stock dropped as …
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