[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"content-doc-dcio7b288538":3},{"user":4,"document":8,"mainDocument":27,"columnUrl":29,"subscription":30,"footer":42,"text":80},{"isAuthenticated":5,"isAdmin":5,"displayName":6,"avatarUrl":6,"nid":6,"groupLevel":7},false,"",-10,{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":21,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"useContentVideo":5,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},"dcio7b288538","竞争对手变身供应商“新主人”！美银：迈威尔科技收购Lumentum或促使思科、Ciena另寻货源","\u002Fdoc\u002Fdcio7b288538","col18178739ee","美股资讯","\u002Fcol\u002Fcol18178739ee","\u003Cp>\n\u003C\u002Fp>\u003Cp>\u003Cspan>美股投资网获悉，美国银行分析师表示，迈威尔科技(MRVL)收购Lumentum(LITE)可能促使Ciena(CIEN)和思科(CSCO)分散其光学元件供应商。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>芯片制造商迈威尔科技周一宣布，将以约1150亿美元的全股票交易收购数据中心激光器制造商Lumentum 。若顺利完成，这笔交易(按股权价值计算)将不仅是2026年以来全球规模最大的并购案，也是全球科技行业除SpaceX(SPCX)与xAI的合并外规模最大的并购交易。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>合并后的新公司可以将迈威尔科技的芯片、信号处理及互连技术与Lumentum的激光器、光学器件和制造能力结合起来。这意味着其有机会从提供单一芯片或光学组件，转向提供更加完整的高速互连解决方案。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>对于Ciena和思科来说，这笔重磅交易将一家高速网络产品所用激光器的重要供应商纳入竞争对手旗下。目前，Ciena和思科均从Lumentum采购光学元件，迈威尔科技则在相干可插拔光模块(这类产品用于通过光网络传输数据)市场与这两家公司展开竞争。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>美国银行分析师表示“我们认为，这可能会增加定价、产能分配方面的风险，或者仅仅是让企业在重要元件供应上依赖竞争对手所带来的风险，尤其是在激光器供应仍然紧张的情况下。”\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>不过，分析师也认为，迈威尔科技几乎没有动力破坏Lumentum现有的客户关系，因为这可能导致销售额流失，并有可能加剧整个行业的供应瓶颈。Ciena在Lumentum 2026财年营收中占比达15%，是其重要客户。此前，Ciena曾指出，泵浦激光器供应受到限制，且部分光学元件依赖数量有限的供应商。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>这一风险对于窄线宽激光器尤为突出，因为这类激光器为相干可插拔光模块提供光源。据认为，Lumentum是Ciena和思科这两家公司窄线宽激光器的主要供应商。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>思科在800G ZR和ZR+相干可插拔光模块市场的份额一直维持在约60%。与此同时，Ciena的市场份额预计已从2025年的17%升至2026年的约35%。这笔预计2028年才能完成的交易为这两家公司开发替代供应商或自主激光器技术留出了时间。据报道，两家公司都在研发各自的窄线宽激光器替代方案。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>最专业的美股资讯,推荐美股大数据 \u003Ca href=\"https:\u002F\u002FStockwe.com\u002F\">https:\u002F\u002FStockwe.com\u002F\u003C\u002Fa>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>如何识别美股市场异常波动？美国机构主力资金买卖情况，出货和吸筹，使用美股投资网VIP会员，2008年成立于美国硅谷，由前纽约证券交易所分析师Ken创立，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化模型，建立了一个股市数据库 \u003Ca href=\"https:\u002F\u002FStockWe.com\u002F\">https:\u002F\u002FStockWe.com\u002F\u003C\u002Fa> 每天处理千万级股票数据：捕捉期权大单，实时主力资金流向、机构持仓变化、川普突发新闻，精准交易信号第一时间发到您手机APP！\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003C\u002Fp>","https:\u002F\u002Fwww.tradesmax.com\u002Fimages\u002Fa_Stock\u002FC\u002FC\u002FC.jpg","2026-11-04T02:02:44","2026.11.04","2026\u002F11\u002F04",39925,[22],"C","Article",0,"免费","success",{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":28,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"useContentVideo":5,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},[22],"\u002Fcol\u002Fstocknews",{"visible":5,"marketingHtml":31,"services":32,"recentDocuments":41},"\u003Cfigure class=\"image\">\u003Ca href=\"https:\u002F\u002Fstockwe.com\u002Fdoc\u002Fdcio537efad5\" rel=\"noopener noreferrer\">\u003Cimg src=\"\u002Fimg\u002Fstockwewebfiles\u002Fweb-202408-stk\u002F1586109431mceclip0.jpg\">\u003C\u002Fa>\u003C\u002Ffigure>\u003Cdiv class=\"text-center\">\u003Ch2 class=\"card-title mx-auto\">\u003Cbr>\u003Ca rel=\"noopener noreferrer\" href=\"https:\u002F\u002Fstockwe.com\u002Fdoc\u002Fdcio537efad5\">案例介绍：英伟达深度研究报告\u003C\u002Fa>\u003C\u002Fh2>\u003C\u002Fdiv>",[33,37],{"productId":34,"serviceName":35,"priceText":36},"prod_PPxdDdK87QaiLv","月付","$12.95美元",{"productId":38,"serviceName":39,"priceText":40},"prod_PPxeMs3bix1da5","年付","$149.00美元",[],{"links":43,"images":71,"summaryHtml":76,"aboutTitle":77,"aboutHtml":78,"copyrightHtml":79},[44,47,50,53,56,59,62,65,68],{"label":45,"url":46},"深度报告","\u002Fcol\u002FdepthReport",{"label":48,"url":49},"VIP会员","\u002Fvip",{"label":51,"url":52},"期权推荐","\u002FOption",{"label":54,"url":55},"低价暴涨股","\u002FPenny",{"label":57,"url":58},"AI智能体","\u002FAiAgent",{"label":60,"url":61},"常见问题","https:\u002F\u002Fstockwe.com\u002FFAQ",{"label":63,"url":64},"美股课程","\u002Fcol\u002Fvideos",{"label":66,"url":67},"免责声明","\u002Fdisclaimer",{"label":69,"url":70},"联系我们","\u002FContactUs",[72,73,74,75],"\u002Fimages\u002Ffooter\u002Ffooter-1-wechat.gif?v=20260930c","\u002Fimages\u002Ffooter\u002Ffooter-2-telegram.png?v=20260930c","\u002Fimages\u002Ffooter\u002Ffooter-3-whatsapp.png?v=20260930c","\u002Fimages\u002Ffooter\u002Ffooter-4-line.png?v=20260930c","邮箱: buy@TradesMax.com 美国电话 626-378-3637","公司介绍","\u003Cp class=\"MsoNormal\">美股大数据 \u003Ca href=\"https:\u002F\u002Fstockwe.com\" rel=\"noopener\">StockWe.com\u003C\u002Fa> 是一个美国领先的金融和美股信息大数据提供商，紧盯华尔街金融市场和行情，2008年成立于美国硅谷，创始人是前纽约证券交易所资深分析师Ken，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化交易模型，每天处理海量股票数据：挖掘潜力大牛股，捕捉期权异动大单，实时主力资金流向、机构持仓变化、川普突发新闻，美股买卖信号第一时间发到您手机APP。\u003C\u002Fp>","专业美股投资者都在这里",{"loading":81,"search":82,"searchPlaceholder":82,"hotContent":83,"draft":84,"noData":85,"searchNoData":86,"courseContent":87,"more":88,"buyNow":89,"subscribeNow":90,"encoding":91,"paidContent":92},"Loading...","搜索","热门内容","草稿","目前没有任何内容公布","当前检索内容没有数据","课程内容","更多","立即购买后观看","- 立即订阅 -","视频编码中...","付费内容"]