{"id":145243,"date":"2026-08-19T19:11:23","date_gmt":"2026-08-19T19:11:23","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/145243\/"},"modified":"2026-08-19T19:11:23","modified_gmt":"2026-08-19T19:11:23","slug":"marvell-pops-on-ai-chip-deal-letting-google-buy-up-to-12-2b-in-shares","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/145243\/","title":{"rendered":"Marvell pops on AI chip deal letting Google buy up to $12.2B in shares"},"content":{"rendered":"

\"Marvell<\/p>\n

Marvell Technology<\/a> shares rallied 8% on a deal that would allow Google<\/a> to buy up to $12.2 billion in shares of the chipmaking company, according to a securities filing<\/a>.<\/p>\n

The deal, part of Google and Marvell’s partnership on custom chips, would allow the tech giant to purchase up to 58,970,907 shares at $206.58 apiece. The stake is tied to purchasing targets through the 2033 fiscal year. <\/p>\n

Marvell said in a filing that the expanded agreement will include products that “attach to the [tensor processing unit] ecosystem,” such as artificial intelligence<\/a> inference accelerators, and storage and network interface controllers. <\/p>\n

In April, Marvell shares popped<\/a> on a report of a chip deal with Google for artificial intelligence workloads. At the time, The Information reported<\/a> that the deal would include a TPU and memory processing unit.<\/p>\n

Google and its megacap competitors, including Amazon,<\/a> Meta<\/a> and Microsoft<\/a> have been working on custom silicon chips for AI workloads in a bid to find cheaper substitutes to Nvidia chips.<\/p>\n

Over the last decade, Google has largely collaborated with Broadcom on custom chips. The companies expanded that deal in April<\/a>. <\/p>\n

Broadcom<\/a>‘s stock fell about 4% on Wednesday.<\/p>\n

Stock Chart IconStock chart icon\"hide<\/p>\n

Marvell and Broadcom stock chart.<\/p>\n

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Marvell Technology shares rallied 8% on a deal that would allow Google to buy up to $12.2 billion…\n","protected":false},"author":2,"featured_media":145244,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[24,131,145,133,347,148,71468,341,132,1429,842,5050,1111,146,144,134,5949,67417],"class_list":["post-145243","post","type-post","status-publish","format-standard","has-post-thumbnail","category-google","tag-ai","tag-alphabet-class-a","tag-amazon-com-inc","tag-breaking-news-technology","tag-broadcom-inc","tag-business-news","tag-corgi-mrvl-2x-daily-etf","tag-enterprise","tag-google","tag-google-ai","tag-ishares-semiconductor-etf","tag-marvell-technology-inc","tag-meta-platforms-inc","tag-microsoft-corp","tag-nvidia-corp","tag-technology","tag-the-edge","tag-wisdomtree-u-s-al-enhanced-value-fund"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/145243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=145243"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/145243\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/145244"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=145243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=145243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=145243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}