Marvell shares jump 9.8% on Google chip design deal
SiliconANGLEen
Marvell Technology Inc. today disclosed that it has won a contract to design artificial intelligence chips for Google LLC. The deal also extends to other areas. Notably, Marvell has issued a warrant that will enable Google to purchase about 59 million units of common stock. The shares are worth $12.2 billion. Santa Clara, California-based Marvell […] The post Marvell shares jump 9.8% on Google chip design deal appeared first on SiliconANGLE .
This is a short summary published by AI Global Wire. The full article is owned and hosted by SiliconANGLE — open it there to read it in full.
Read the full story at SiliconANGLE- Verktyg
Related AI news
- Google's Marvell warrant vests through fiscal 2033 across five chip categories — TPU sourcing widens past one supplierDIGITIMES · August 20, 2026
- Marvell-Google deal expands custom AI chip ambitionsDIGITIMES · August 20, 2026
- Nvidia and AMD chase US open model lead as China shifts raceDIGITIMES · August 20, 2026
- InPsytech 1H26 revenue jumps over 50% on AI data center winsDIGITIMES · August 20, 2026
- Solomon unveils AI vision tools for smart manufacturing at Automation Taipei 2026DIGITIMES · August 20, 2026
- Gujarat's 12-hour shift approval for Micron shows how India is rewriting labour rules to court chipmakersDIGITIMES · August 20, 2026