Marvell-Lumentum merger targets AI connectivity as 2028 hyperscaler capex hits $1.5T
BenBajarin · x · 2026-11-02
A split-screen phone screenshot from Ben Bajarin carries two notable data points: Marvell and Lumentum announced a merger (November 2026) positioned as "a category leader in AI connectivity," and street estimates put total 2028 hyperscaler capex at $1.5 trillion, led by Google, Meta, Microsoft, Amazon, SpaceX, and Oracle—up from $1.37T projected for 2027. The chart also shows MAG7 free cash flow continuing to expand.
Related event: Marvell to Merge with Lumentum, Targeting AI Connectivity Market(3 posts)→
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