
Marvell Technology Stock Drops 13% on $115B Lumentum Deal
Marvell Technology stock fell 13% and Lumentum 19% after the $115 billion all-stock AI optical networking deal, as investors questioned the price paid.
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Sherwin-Williams (SHW) rose 5.9% and Home Depot (HD) 3.6% as investors moved money out of AI-heavy tech.
Nov 3
Marvell (MRVL) is buying Lumentum in a $115B all-stock deal, and Lumentum shares fell about 10% on Monday.
Nov 2
Lumentum (LITE) gained while Marvell (MRVL) slid 8% as investors weighed a possible AI optics takeover.
Oct 29
Intel (INTC) and Marvell fell over 5% premarket as Tesla and Meta earnings left AI spending doubts.
Oct 22
Salesforce (CRM) and Campbell's gained as the chip fund SMH headed for an eighth straight losing day
Oct 16
Broadcom (AVGO) is seeking private loans from Apollo and Blackstone, topping $145B across three AI chip deals.
Oct 8
The S&P 500 (SPX) rose 0.58% as the 10-year yield slipped to 5.27%, a day after hitting a 24-year high.
Oct 6
Ciena (CIEN) closed near $445 as Nebius, Astera Labs and CoreWeave also rose on AI buildout hopes.
Oct 6
Marvell (MRVL) raised its fiscal 2028 sales goal to $20B vs the $18.2B consensus, on AI chip demand
Oct 6
Arm Holdings (ARM) fell after a 28% September run as SoftBank's $25B loan backed by its stock raised worries.
Sep 29

Marvell Technology stock fell 13% and Lumentum 19% after the $115 billion all-stock AI optical networking deal, as investors questioned the price paid.

AI stocks shed about $930 billion as the Nasdaq fell up to 5%, erasing post-election gains on fears of tighter AI regulation under Democratic control.

CrowdStrike (CRWD) rose 3.4% premarket on a Deutsche Bank upgrade to buy and Palo Alto gained 2%, but both reversed as the Nasdaq slid on Monday, Nov. 2.

Intel fell another 8.8% on Monday after its worst day since 1974, and the Nasdaq-100 slipped into a correction as the chip selloff reached $3.7 trillion.

Marvell agreed to buy Lumentum in a $115 billion all-stock deal for AI optical networking, and shares of both companies fell sharply in Monday trading.

Marvell Technology is in advanced talks to buy Lumentum at about $83 billion, a deal that could be announced next week and reshape AI data-center optics.

The Philadelphia semiconductor index fell eight sessions straight, its longest losing run since 2008, before rebounding on Monday as Micron regained $1 trillion.

Microsoft's Maia 300 chip promises about 40% more output per unit of power than leading GPU systems, pressuring Nvidia and AI stocks as 2027 deployment nears.
Broadcom (AVGO) is arranging over $50 billion in private financing with Apollo and Blackstone to fund OpenAI's custom AI chips, and shares slipped premarket.
Marvell Technology stock rose about 6% after investor day lifted its fiscal 2028 revenue goal to $20 billion and set a $70-90 billion fiscal 2031 target.

Marvell Technology stock surged as much as 10% after the chipmaker lifted its fiscal 2028 revenue goal to $20 billion and set a $70-90 billion fiscal 2031 range.

Ciena (CIEN) shares surged 11% to 14% as AI networking stocks rallied, backed by a fiscal 2029 goal of 30% annual revenue growth and fresh analyst upgrades.

Marvell Technology stock, up more than 200% in 2026 near $272, heads into its October 6 Investor Day with investors seeking AI and data-center targets through 2030.

Micron Technology (MU) tops Wall Street watchlists ahead of September 30 Q4 earnings as analysts project a 992% EPS surge driven by the AI memory supercycle and record high-bandwidth memory demand.

Jabil Inc. reports Q4 FY2026 before the open Wednesday as Wall Street focuses on $3.6B in quarterly AI revenue, a third hyperscaler ramp, and raised FY27 guidance.

The Washington summit produced a tariff pause through January 10 and a structured AI dialogue framework, sending semiconductor and China ADR stocks to their highest levels in months.

The Nasdaq Composite surged 2.26% to a record 27,122 on Monday, its first all-time closing high since June, as ai stocks and semiconductor leaders powered through the drag of a surprise federal…

Arm Holdings surged more than 6% on September 17, extending its 224% year-to-date gain as AI processor demand firms and supply chain bottlenecks ease across the semiconductor sector.

Three Wall Street desks lift Intel targets in quick succession, citing a 25% revenue surge and Terafab manufacturing wins with SpaceX and Tesla.

Broadcom CEO Hock Tan told CNBC that $115B FY2027 and $230B FY2028 AI chip targets are unchanged, citing durable inference demand as insulation from any training-pace reduction.

Anthropic CEO Dario Amodei's safety essay, endorsed publicly by OpenAI and Microsoft leaders, sent the PHLX semiconductor index to its worst single session since July, down nearly 6%.

Micron Technology faces twin pressure as Netlist's new ITC and federal court patent filings targeting DDR5 memory coincide with a bond-market selloff that is dragging down the entire semiconductor…

Marvell Technology (MRVL) jumps 6.4% as CEO Matt Murphy lifts FY2028 revenue guidance to $8B, more than doubling prior targets on AI custom silicon demand from every major hyperscaler.

QCOM stock surges 9.5% as Qualcomm signs a $60 billion multi-generational AI data center silicon and 1.6T optical connectivity deal with Amazon Web Services, issuing a 25 million share warrant.

Adobe's simultaneous CEO handoff, creative chief departure, and open CFO seat have crystallized investor fears that the company lacks a credible path to monetize generative AI without dismantling…

Broadcom's Q3 FY2026 revenue surged 86% to $29.6B and AI revenue hit $16.7B, but Q4 guidance of $34.8B missed the LSEG consensus, tempering AVGO gains.

Marvell Technology stock falls 10% as Google custom AI chip revenue is pushed to fiscal 2029, overshadowing a record $2.74B Q2 FY2027 earnings beat.

GoPro's $85 million acquisition of Starman Optical ends 24 years of consumer cameras and launches GPRO into AI data-center networking and defense hardware markets.

The Trump administration is weighing expanded semiconductor duties covering AI data center servers and laptops, threatening to inflate infrastructure costs as chip stocks shed 2-3% Wednesday morning.

Alphabet, Nvidia, Tesla, Marvell, and Intel each fall 2-3% on September's opening session as a hawkish Fed and global bond rout push ai stocks toward their sharpest monthly open in 2026.