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Broadcom Rival Marvell Surges After Google Strikes AI Chip Deal, Gets Option to Buy $12.2B Stake

BenzingaAug 19, 2026, 2:37 PMDaragh Thomas

Marvell surges after a Google AI chip deal gives Alphabet a warrant tied to nearly 59 million shares and as much as $120 billion in revenue.

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benzinga
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Aug 19, 2026, 2:37 PM
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Aug 19, 2026, 2:37 PM
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Captured once, then retained as an archive reference
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