TechBloomberg Tech1h ago

Nvidia’s Huang Gave Blessing to Marvell-Lumentum Megadeal

TL;DRNvidia's CEO approved a $103B merger between Marvell and Lumentum.

Why it matters: Shows how dominant players shape chip industry consolidation and supply chains.

The heads of Marvell Technology Inc. and Lumentum Holdings Inc. got the blessing of Nvidia Corp.’s Jensen Huang before striking their nearly $103 billion tie-up.

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Source: Bloomberg Tech · Opens in new tab