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Business

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

CNBC

BusinessCNBC·Aug 19, 2026·1 min read

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.

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