US Stock Market Move | Marvell Technology, Inc. (MRVL.US) rises more than 3%, SoftBank's acquisition intention attracts attention again.

On Thursday, Marvell Technology, Inc. (MRVL.US) rose more than 5% in intraday trading, and as of the time of writing, it had increased by over 3% to $95.95. According to sources familiar with the matter, SoftBank Group had explored the possibility of acquiring Marvell Technology, Inc. earlier this year. If a deal were to be reached, it would be the largest acquisition in the history of the semiconductor industry. Sources say that SoftBank's intention in acquiring Marvell is to merge it with its UK-based chip design company Arm. Some sources indicate that while Marvell and SoftBank are not currently engaged in active negotiations for a deal, the possibility of a renewed acquisition still exists. Sources mentioned that Masayoshi Son, the billionaire founder of SoftBank, usually evaluates dozens of potential trade opportunities at the same time, but often does not take concrete action. According to sources, Masayoshi Son, the billionaire founder of the Japanese conglomerate, has been intermittently studying Marvell for years as a potential acquisition target. This is part of his hardware strategy betting on benefiting from the AI boom. Sources say that SoftBank had expressed interest in Marvell a few months ago but the two parties were unable to reach a consensus on the terms of the deal.