Marvell Stock Surges on Google Custom Chip Deal and Share Warrant
Marvell Technology's stock surged after announcing a deal with Google for custom chips, which includes granting Google the option to buy up to $12.2 billion in Marvell shares.
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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
Read full article →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
Read full article →Marvell gives Google option to buy $12.2 billion stake in custom chip deal
Read full article →Marvell gives Google option to buy $12.2 billion stake in custom chip deal
Read full article →Marvell jumps on Google chip deal; issues warrants to search giant
Read full article →Coverage Timeline
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