The Information — AI · · 1 min read

Marvell Gives Google the Right to Buy Up to $12.2 Billion in Stock as Part of Chip Deal

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Marvell Technology granted Google rights to acquire a stake of up to $12.2 billion as part of an expanded partnership between the two companies.

Under the new deal, which sent Marvell shares up 9.9% in Wednesday’s trading, the companies will collaborate on development of a range of semiconductor ...

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