Koopmans Chris sold $1.8M of MRVL (indirect holdings)

Lumentum (LITE) shares rose 11% in a week following a rebound in optics stocks and reports of a potential acquisition by Marvell Technology (MRVL). Bloomberg estimates the deal could be worth close to $100 billion, paid in Marvell stock. Analysts expect Lumentum's EPS to quadruple by fiscal 2028, with its upcoming earnings report on Nov. 5 being a key focus. Coherent (COHR) would remain the largest independent laser supplier if the deal goes through.

Marvell Technology is reportedly in advanced talks to acquire Lumentum Holdings in an all-stock deal valued at over $80 billion, though no final agreement has been reached. Lumentum produces optical components critical for data centers and AI infrastructure, with its capacity sold out through 2029. Marvell shares fell 8-12% while Lumentum's rose 2.5-9% on the news. Both companies have not confirmed the discussions.

Marvell Technology (MRVL) fell 14% in a week after reports of advanced talks to acquire Lumentum (LITE) for about $83B, primarily in shares. Intel's weak outlook further pressured chip stocks. Analysts expect Marvell's EPS to more than double by 2028, but the deal's impact on EPS is uncertain. Broadcom (AVGO) and Coherent (COHR) could be affected by the potential acquisition.

Marvell Technology (MRVL) is reportedly in talks to acquire Lumentum (LITE), with a potential announcement next week. No final agreement has been reached. On October 29, MRVL dropped over 12%, while LITE initially rose 7% before retreating. Analysts suggest the deal could streamline supply chains and enhance vertical integration in the optoelectronic sector.

Marvell Technology (MRVL) is reportedly considering an all-stock acquisition of Lumentum, with no substantial premium. Lumentum shares fell 3.9%, while Marvell's dropped 8.7%. The deal would expand Marvell's optical components business but may dilute existing shareholders. No final terms or announcement date have been disclosed.

Applied Optoelectronics (AAOI) fell 15% to $67.40, Coherent (COHR) dropped 13% to $206.43, Lumentum (LITE) declined 10% to $824.82, and Marvell (MRVL) sank 10% to $197.50 due to concerns over hyperscaler spending. Google's (GOOGL) negative $9.1B free cash flow report exacerbated fears. All four companies supply AI data center components, with demand outpacing supply. AAOI is up 93% YTD, LITE 124%, and MRVL 133%. A potential merger between LITE and MRVL is also under discussion.