Marvell and Google expand custom chip partnership; Google gets warrant for up to $12.2B in Marvell shares
#marvell#google#custom chips#warrant
Marvell Technology and Google announced an expanded chip-development partnership, with Marvell granting Google a warrant to purchase up to 58 million shares at $206.58 each, totaling up to $12.2 billion. The deal deepens their collaboration on custom chips, signaling continued investment in AI and data center hardware.
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Dana Wollman / Bloomberg : Marvell and Google expand their chip development deal, with Marvell granting Google a warrant to buy up to 58M+ shares at $206.58 each, totaling up to $12.2B — Marvell Technology Inc. and Alphabet Inc.'s Google announced an expanded chip-development partnership, including a warrant …
