Marvell doubles down on AI boom with costly $115 billion Lumentum deal
By Anhata Rooprai and Aditya Soni Nov 2 (Reuters) - Marvell Technology is buying optical components maker Lumentum in a $115 billion all-stock deal, including debt, one of the tech industry's largest takeovers and a bold bet that the AI build-out will fuel chip demand for years. The buyout unveiled…