29-10-2020 12:48 via feedproxy.google.com

Inphi soars 33% on report chipmaker Marvell is in talks to buy it for $10 billion

Smith Collection/Gado/Getty ImagesSemiconductor firm Inphi leapt as much as 33% in premarket trading on Thursday, after the Wall Street Journal reported that Marvell Technology could buy the company for as much as $10 billion.A deal could come as soon as next week, sources told the Journal.The potential agreement would add to Marvell's reach in the networking industry, which has been one of Inphi's strongest growth-drivers this year.The deal marks the second biggest tie-up this week in the semic
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