Nvidia's Huang Backs Marvell-Lumentum Megadeal

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Nvidia CEO Jensen Huang gave his blessing to the Marvell-Lumentum megadeal, according to Bloomberg. The endorsement puts Nvidia's weight behind the combination of the two chip and optical component suppliers. Marvell and Lumentum shares are the assets to watch as the deal moves forward.

Since this news broke,

Marvell Technology is up +0.03% and Lumentum Holdings Inc. is up +0.00% on Hyperdash.

SourcesBloomberg

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