Marvell to acquire Lumentum in $115B all-stock deal to bolster AI data center portfolio
Published 13 h ago1 sourceEvidence: Reported
Oracle announced plans to raise $10 billion each in equity and debt to fund expansion of data centers serving AI clients like OpenAI, Meta, and Nvidia. This signals aggressive capex in the AI infrastructure race, with potential implications for tech sector capital flows and debt markets. The move underscores sustained demand for AI compute capacity, though execution and financing costs remain key uncertainties.
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