Marvell Technology is trading 11.31% down at ARS 22,860.00 on October 30, 2026, as investors weigh reported advanced talks to acquire Lumentum in a potential all-stock deal.
- Investors are concerned about the transaction’s scale and possible dilution.
- No agreement or final terms have been reported.
- A sharp semiconductor selloff following Intel’s weak forecast added sector pressure; the reported acquisition concerns are the clearest company-specific catalyst.