Marvell pops 6% on AI chip deal that lets Google buy up to $12.2 billion in shares

August 19, 2026

Google and its competitors have been pursuing custom chips to improve efficiency and reduce reliance on Nvidia.Google and its competitors have been pursuing custom chips to improve efficiency and reduce reliance on Nvidia.

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Marvell pops 6% on AI chip deal that lets Google buy up to $12.2 billion in shares

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