Google has agreed to a $12 billion multi-year deal with Marvell Technology to expand its partnership on AI chips, including an option for Google to buy shares in the US chipmaker. The agreement, repor…
Google secured a warrant to buy up to 58,970,907 Marvell Technology shares at $206.58 each, worth about $12.18 billion, tied to a commercial agreement covering Google's tensor processing unit (TPU) pr…
Marvell Technology expanded its custom chip partnership with Google, issuing the tech giant a warrant to buy up to 58,970,907 shares at $206.58 each, worth about $12.2 billion, with most shares tied t…
Marvell Technology shares rose 6% after announcing a deal allowing Alphabet's Google to purchase up to $12.2 billion in Marvell shares, tied to a custom AI chip partnership. The agreement underscores …
Broadcom Inc. shares fell 5% to $359.66 after Marvell Technology Inc. secured a deal to develop custom AI chips for Alphabet Inc.'s Google, threatening Broadcom's position as Google's incumbent custom…
Marvell Technology shares jumped 13% to $243.66 after the company disclosed a warrant issued to Alphabet's Google worth about $12.18 billion as part of a deal to develop custom AI chips, while Broadco…
Marvell Technology announced discussions with Google to develop custom AI, storage, and networking chips, including a Memory Processing Unit and an inference-optimized TPU, with the MPU design targete…
Arista Networks, Broadcom, and Marvell Technology are quietly dominating the AI networking niche, with Arista's Q2 FY26 revenue up 37.7% year over year to just over $3 billion and full-year guidance r…
Fabrinet's stock fell between 9% and 20% in after-hours trading despite record fiscal Q4 2026 revenue of $1.316 billion, up 45% year-over-year, and non-GAAP EPS of $4.10 beating the $3.81 consensus, a…
Semiconductor stocks are on pace for their best August since 2003, with the PHLX Semiconductor Sector Index up more than 10% in August 2026 after a 20%-plus decline in July, according to semiconsociet…
Broadcom has secured multi-year agreements with OpenAI, Google, and Meta to develop custom AI accelerators, covering a combined capacity exceeding 10 gigawatts. The OpenAI deal, announced October 13, …
U.S. AI concept stocks traded mixed in pre-market activity on August 11, 2026, with Palantir Technologies (PLTR) falling 1.07% while Advanced Micro Devices (AMD) rose 0.68%, Micron Technology (MU) gai…
Hyperscalers are projected to spend between $750 billion and $800 billion annually on AI infrastructure, with some forecasts reaching $1 trillion, according to John Mowrey, chief investment officer at…
Arm Ltd., the Cambridge-based chip designer owned by Japan's SoftBank, may gain a stronger rival to Intel in virtual radio access networks (RAN) through a startup called Kenyi, founded by a Qualcomm e…
Semiconductor stocks rallied Tuesday, with the PHLX Semiconductor Index surging over 6% and the S&P 500 reaching record highs, as Marvell Technology launched new AI-optimized memory products at the Fl…
Marvell Technology introduced the Bravera SC6 SSD Controller (MV-SF1410), a PCIe Gen 6 NVMe SSD controller designed for AI infrastructure, cloud platforms, enterprise databases, and hyperscale data ce…
Marvell Technology, the fabless semiconductor firm, plans to invest $250 million in India to expand its sites in Bangalore and Hyderabad and double its headcount over three years, focusing on AI, clou…
Marvell Technology is investing $250 million to expand its Bangalore facility into a dedicated AI development hub, targeting AI data center infrastructure. The company's India workforce of 1,700 emplo…
Nvidia is accelerating financing deals, partnerships, and equity stakes that could collectively exceed $750 billion, including over $500 billion tied to SK Hynix's parent and up to $250 billion in gua…
Alphabet's contracted future spending commitments hit $811 billion at the end of Q2 2026, up nearly $500 billion from Q1, driven by AI infrastructure supply agreements covering chips, data centers, el…