Google pits Marvell against Broadcom as it chases AI crown
Google AI chips
Covered by 6 sources
- The Register·8h agoGoogle pits Marvell against Broadcom as it chases AI crown
And Marvell just offered the Chocolate Factory a $12.2B stake to sweeten the deal
Read at The Register → - The News Biz PK·13h agoMarvell issues $12.2B stock warrant to Google in major custom AI chip deal
Marvell issues $12.2B stock warrant to Google in major custom AI chip dealMarvell Technology has issued Google, a warrant to buy a stake worth about $12.18 billion as part of a deal to help develop custom chips for the search giant, it said on Wednesday.Leading American…
Read at The News Biz PK → - ET Markets·14h agoMarvell shares jump 8% after chipmaker hands Google option to buy $12.2 billion stake
Marvell shares surged 8% after securing a Google agreement to develop custom AI chips and related technologies. Google received a warrant for up to 58.97 million shares worth about $12.18 billion, strengthening Marvell’s position in AI infrastructure.
Read at ET Markets → - Bloomberg Technology·15h agoMarvell Gives Client Google Right to Buy $12.2 Billion Stock
Marvell Technology Inc. has agreed to give Alphabet Inc.’s Google rights to buy as much as $12.2 billion of its shares in exchange for purchasing chips.
Read at Bloomberg Technology → - ET Tech·15h agoMarvell gives Google option to buy $12.2 billion stake in custom chip deal
Marvell said it would develop AI inference accelerators, storage, networking and memory interface controllers and near-memory computing technologies for Google. Demand for custom chips such as Google's tensor processing units (TPUs), used for AI workloads, has surged in…
Read at ET Tech →
