Marvell’s plan to double down on AI through a blockbuster $115 billion acquisition of Lumentum is getting a lukewarm early verdict from investment experts who bet on deals
Marvel’s Wolverine has sold 2.4 million copies in its first 50 days
Here’s how it compares to other Insomniac releases:
- Spider-Man 2: 2.5 million in 24 hours.
- Spider-Man 3.3 million in 3 days.
- Miles Morales: Over 6.5 million lifetime sales
-Ratchet & Clank: Rift Apart: 1.1 million in around six weeks.
I smell layoffs at Insomniac
Madras High Court grants anticipatory bail to journalists and Chennai Press Club President M Suresh Vedanayagam, D Prakash and S Sarath Kuumar, in connection with a case of allegedly threatening journalists over Gem Veeramani Case
Marvell and Lumentum's historic $115 billion deal
> Largest M&A deal of 2026 (equity basis)
> Second-biggest tech transaction on record
> Biggest merger between two public companies in history
Marvell is buying Lumentum, the laser company, in an all-stock deal that values it at about $115B.
In my opinion this is the clearest sign yet that the next bottleneck in AI clusters is connectivity.
Lumentum makes the lasers and optical parts that move data between GPUs. Marvell makes the chips on the electrical side. Put them in one company and you can design the whole path a signal takes, from inside the chip package out to the next data centre.
Marvell's own deck shows why. Data moving between data centres is the 1x baseline. Inside a rack it's 100x. Inside the package it's 1000x. Every step closer to the GPU needs far more bandwidth, and that's where optics are heading next.
They put the combined market at $550B by 2030.
Nobody pays $115B for lasers unless they expect clusters to keep getting bigger for years. I think the links between GPUs are about to matter as much as the GPUs themselves