US Stock Movement | Rumors of Acquisition of Lumentum, Marvell Technology (MRVL.US) Drops Over 12%

According to Jinzi Finance APP, on Thursday, Marvell Technology (MRVL.US) opened with a significant drop, falling over 12% as of press time, with a market capitalization of approximately $192.7 billion; leading optical communications company Lumentum (LITE.US) rose nearly 3%, reaching a market capitalization of $85 billion. According to sources, Marvell Technology is in advanced negotiations to acquire Lumentum. In the race to expand in the field of artificial intelligence, this is expected to become a major deal.