Marvell Gives Google Right to Buy Up to $12.2 Billion in Shares

Marvell Technology Inc. and Alphabet Inc.’s Google announced an expanded chip-development partnership, including a warrant from Marvell allowing the search giant to buy as much as $12.2 billion in shares.

By Dana Wollman

Marvell’s stock surges on news of Google chip deal — and Broadcom’s falls

Google will also get the option to purchase about $12 billion worth of Marvell’s stock.

By Emily Bary

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

Marvell jumps on Google chip deal; issues warrants to search giant

Another AI Reacharound? Marvell Shares Rip On Chips-For-Warrants Deal With Google

Another AI Reacharound? Marvell Shares Rip On Chips-For-Warrants Deal With Google The circular financing circus rolls on... Marvell shares are soaring this morning after fabless chip designer announced an expanded chip-development partnership with Google that includes a warrant from Marvell allowing the search giant to buy as much as $12.2 billion in shares. The two firms will collaborate on custom AI chips. "The expanded partnership spans a comprehensive range of custom sili...

By Tyler Durden