Marvell Technology stock is jumping. An M&A report is the trigger.

Core Viewpoint - Shares of Marvell Technology experienced a significant increase in premarket trading following reports that SoftBank was considering acquiring the U.S. chipmaker, which would represent a record deal [1] Company Summary - Marvell Technology's stock price surged in premarket trading, indicating strong investor interest and potential market confidence in the company's future prospects [1] Industry Summary - The potential acquisition by SoftBank highlights ongoing consolidation trends within the semiconductor industry, suggesting a competitive landscape where major players are seeking strategic partnerships and acquisitions to enhance their market positions [1]