Marvell's stock pops 10% on AI chip deal that lets Google buy up to $12.2 billion in shares

Source: www.cnbc.com · Section: business-tech · Bias: Center-Right · Published: Wed, 19 Aug 2026 20:01:53 GMT

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

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The same story across the political spectrum (13 sources)

Left: The data center fight is hitting a fever pitch. Here's how they actually work — www.axios.com
Center: Marvell’s stock pops on news of Google chip deal — and Broadcom’s falls — www.marketwatch.com
Center-Right: Google strikes $12bn AI chip deal with Marvell — www.ft.com
Center-Right: The U.S. banned Nvidia's best chips from going to China. Now it's trying to close a crucial loophole — www.cnbc.com
Center-Right: Nvidia plays matchmaker in Nordics, sources tell CNBC, as AI data center deals boom in region — www.cnbc.com
Right: Exclusive: GOP warns AI companies that data centers are politically radioactive — www.axios.com

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