Changes in US stocks | Rumored to acquire Lumentum Maywell Technology (MRVL.US) falls by more than 12%

The Zhitong Finance App learned that on Thursday, Maywell Technology (MRVL.US) opened and plummeted. As of press release, the decline was over 12%, with a market value of about 192.7 billion US dollars; optical communication leader Lumentum (LITE.US) rose nearly 3% to a market capitalization of 85 billion US dollars. According to the news, according to people familiar with the matter, Maywell Technology is in in-depth negotiations to acquire Lumentum. In the race to expand the scale of the artificial intelligence field, this is expected to be a heavyweight deal.

People familiar with the matter said that the deal may be announced as soon as next week. No final agreement has yet been reached, negotiations may still end without agreement, or details such as timing may still change. If Lumentum is successfully acquired, the deal is likely to rank among the top ten largest technology and telecom mergers and acquisitions in history.

Notably, Maywell Technology and Lumentum have previously established a business partnership. Maywell is currently purchasing Lumentum lasers, and the two sides also announced in March this year that they will jointly showcase optical connectivity solutions and systems that work together with optical path switching platforms to meet the needs of large AI data centers for high-bandwidth, low-latency, and energy-efficient networks. If this potential acquisition is reached, the two sides are expected to further deepen their existing supply and technical cooperation.