Marvell Pays $115B for Lumentum Lasers as AI Clusters Hit Copper Bandwidth Ceiling

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Marvell Technology's $115 billion all-stock acquisition of Lumentum targets the indium phosphide lasers that copper wiring physically cannot replace in next-generation AI data centers - a deal the market immediately greeted with skepticism, as both companies' stocks fell sharply on announcement day. — Tech Times

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