Marvell is reportedly considering acquiring Lumentum to expand its product portfolio. Talks between the two Northern California-based companies highlight a wave of mergers and acquisitions fueled by the AI boom, as investors bet on the technology’s enormous growth potential. Lumentum currently has a market capitalization of approximately US$83 billion, compared with Marvell’s US$221 billion. Lumentum produces optical communication lasers and optical transceiver modules, positioning it as a strategically important player in the AI boom. Its growing importanc...