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Marvell pops 6% on AI chip deal that lets Google buy up to $12.2 billion in shares

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

Marvell pops 6% on AI chip deal that lets Google buy up to $12.2 billion in shares

Published August 19, 2026 · Category: Finance

Overview

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

Source

Originally published at www.cnbc.com.

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