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Marvell pays up for Lumentum, 33 times forward earnings, to match Broadcom on lasers

, DIGITIMES, Taipei
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Credit: AFP

Marvell Technology's agreement to buy Lumentum Holdings would give the custom chip designer its own supply of indium phosphide (InP) lasers, one of the scarcest components in AI data center networking, and make it one of the few suppliers spanning both the...

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