According to @business, SoftBank explored a potential takeover of Marvell Technology earlier this year in what would have been the semiconductor industry’s largest-ever deal, based on people familiar with the matter, source: Bloomberg. Marvell has highlighted AI and cloud data center demand as core growth drivers with accelerating AI-related revenue in its FY2025 outlook, underscoring its positioning in AI infrastructure, source: Marvell Investor Relations (Q1 FY2025 earnings materials). SoftBank remains the majority owner of Arm Holdings following Arm’s 2023 IPO, reflecting the group’s strategic focus on compute platforms, source: Arm Holdings 2024 annual report and SoftBank Group disclosures. For crypto markets, AI-chip catalysts have previously coincided with rallies in AI-linked tokens such as RNDR and FET around Nvidia earnings, so traders may monitor AI token baskets for sentiment spillover from this M&A headline, source: Bloomberg.