Bloomberg reports Marvell Technology ($MRVL) is in advanced talks to buy data center optics maker Lumentum Holdings ($LITE), citing people familiar with the matter, as posted Oct 28, 2026.

Bloomberg reports Marvell Technology ($MRVL) is in advanced talks to buy data center optics maker Lumentum Holdings ($LITE), citing people familiar with the matter, as posted Oct 28, 2026.

A deal could be announced as soon as next week, with talks private and no comment yet from either company.

The report puts Lumentum at about $83B market value and Marvell at about $221B, an AI infrastructure megadeal around optical connectivity and lasers.

After hours traders put $LITE up about 8-12% near $990-1015 and $MRVL down about 8-10% near $230, per amitisinvesting, BullTheoryio and perp quotes: LITE about $1015.5 on OKX, MRVL about $229.96 on OKX.

The read is vertical integration from chips to lasers for AI data centers, with price, funding mix and premium as the open question. No announced agreement or terms are reported.

One holder take frames laser supply as a potential AI networking bottleneck and speculates about $AVGO, $NVDA and $SIVE next, which is that author's claim, not Bloomberg (Matrix_B0SS).