Marvell gives Google option to buy $12.2 billion stake in custom chip deal

Economic Times TechAugust 19, 2026en

Marvell said it would develop AI inference accelerators, storage, networking and ‌memory interface controllers and near-memory computing technologies for Google. Demand for ‌custom chips such ​as ​Google's tensor processing units (TPUs), ⁠used for AI workloads, has surged ​in recent years as ​businesses seek alternatives to Nvidia's pricey graphics processors.

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