Marvell Reaches $115 Billion Deal for Lumentum Holdings

Published on November 2, 2026

Marvell Technology Inc. has reached a deal to buy data center optics maker Lumentum Holdings Inc. at an enterprise value of $115 billion, one of the biggest tech tie-ups ever, in a race to capitalize on the artificial intelligence boom.

Continue reading on website
Other news

US Manufacturing Activity Accelerates as Production Picks Up

November 2, 2026
US manufacturing activity picked up in October, supported by the strongest production growth in nearly five years.

Gold Investors Rocked by Wipeout, Seek Firmer Footing After Vote

November 2, 2026
As gold heads toward its worst annual loss in more than a decade, investors are gauging the odds a political shift in the US will restore the precious metal’s haven allure.