Google (GOOGL) to buy up to $12.2 billion shares in US chip firm Marvell (MRVL)
Google is set to invest up to $12.2 billion in Marvell stock and partner with the semiconductor firm to develop custom chips for AI infrastructure. This strategic move involves Google purchasing up to 59.97 million Marvell shares through fiscal year 2033, aiming to bolster Google's AI capabilities.
Shack News
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