Citrini analyst says Lumentum accepting the transaction may reflect a lack of confidence in the AI cycle,MRVL and LITE fell at the open
Citrini analyst Jukan commented Marvell on the acquisition of Lumentum，saying that Lumentum management may believe the AI development cycle will collapse within two to 3 years. The report cited BIT data stating that MRVL and LITE fell at the open.