Tech Stocks Drag Nasdaq Lower as Hardware and Chip Suppliers Slump
The Nasdaq Composite dropped nearly 1% on Monday as semiconductor and storage hardware vendors fell sharply, diverging from a broad market rally fueled by plunging oil prices.
Archive
Search
Marvell to Acquire Lumentum in $115 Billion All-Stock Bet on AI Optical Links
Marvell Technology has agreed to acquire optical component supplier Lumentum Holdings in an all-stock transaction carrying an implied enterprise value of $115 billion.
Goldman Sachs and Wells Fargo Underwrite Spree of Tech Megadeals and AI Capital Raises
A wave of corporate consolidation and capital raises linked to artificial intelligence infrastructure is driving significant fees to Wall Street, with Goldman Sachs and Wells Fargo securing lead roles across marquee bond and equity deals alongside Marvell's $115 billion bid for Lumentum.
Eliyan Reaches $1 Billion Valuation With $145 Million Series C
The Santa Clara startup is building chiplet and licensing technology designed to move data faster between AI processors, memory and networking systems.
