BusinessQuiet 11d · day 12
Nvidia's Huang Blessed Marvell-Lumentum's $103 Billion Merger
Bloomberg reports Jensen Huang signed off on the deal before Marvell and Lumentum announced their megamerger.
What to know
- Nvidia CEO Jensen Huang reportedly approved the Marvell-Lumentum merger before it was struck, highlighting Nvidia's leverage over key suppliers in the AI hardware ecosystem.
- The deal between Marvell Technology and Lumentum Holdings is valued at nearly $103 billion.
- Coverage so far consists of a single Bloomberg report, with no named company executives quoted directly.
Jensen Huang Nvidia CEOMarvell Technology Inc. Semiconductor company, merger partyLumentum Holdings Inc. Optical components maker, merger party
How it unfolded 2 developments, newest first · click a bar or a number to jump articlesposts
Nov 3Nov 4Nov 5Nov 6Nov 7Nov 8Nov 9Nov 10Nov 11yesterdaynow · 9:13 PM ET
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Bloomberg Tech and Bloomberg Television recirculate the report
Bloomberg Tech and affiliated Bloomberg Television channels republished and amplified the story about Huang's role in the Marvell-Lumentum tie-up.
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first by Bloomberg Tech, 10d ago · also Bloomberg
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Bloomberg reveals Huang approved Marvell-Lumentum deal
Bloomberg reported that Nvidia's Jensen Huang gave his blessing to the heads of Marvell Technology and Lumentum Holdings before they struck their nearly $103 billion merger agreement.