EventBusinessAugust 19, 2026

Marvell pops 6% on AI chip deal letting Google buy up to $12.2B in shares

Read original source →cnbc.com

Marvell shares jumped 6% after an AI chip deal that lets Google buy up to $12.2 billion in Marvell stock. Google and competitors are pursuing custom chips to improve efficiency and reduce reliance on Nvidia.

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