Marvell's stock pops 10% on AI chip deal that lets Google buy up to $12.2 billion in shares
- Marvell Technology stock popped on a deal for Google to buy up to $12.2 billion in shares.
- The deal is part of Google and Marvell's partnership on custom chips and includes products that "attach to the TPU ecosystem."
- Google has largely been working with Broadcom on custom chips
https://www.cnbc.com/2026/08/19/marvell-google-ai-chips.html