According to CoinMeta, Marvell Technology announced on Monday that it will acquire optical components manufacturer Lumentum in order to meet the growing demand for connections in artificial intelligence infrastructure construction. Matt Murphy, the chairman and CEO of Marvell, stated in a statement: "The AI infrastructure is undergoing a fundamental architectural shift towards optical connections, which presents a once-in-a-lifetime opportunity. Those companies that take the lead and help define this transition will set the standards for the coming decades."