Tag
Lumentum
3 articles
Broadcom's AI Revenue Surge Dwarfs Marvell's $115B Lumentum Bet
Broadcom's AI semiconductor revenue hit $16.7 billion in Q3, up 221 percent year-over-year—six times Marvell's total quarterly revenue—as Marvell pursues optical integration to compete in AI connectivity
Marvell Put Bet Shows Deal Skepticism Ahead of Dec. 1 Earnings
A $10.3 million options bet against Marvell Technology suggests traders expect the stock to fall below $147 by mid-December, just days after the company's $115 billion Lumentum acquisition announcement.
Lumentum Joins S&P 500 After 40% Rally on AI Data Center Demand
Optical networking component maker will enter the index May 27, driven by strong performance in AI infrastructure markets