Marvell Technology Awards Google Stock Purchase Rights Valued at Up to $12.2 Billion Under Chip Collaboration Pact
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Marvell Technology has deepened its partnership with Google, providing the latter with warrants that allow for the acquisition of Marvell shares worth up to $12.2 billion. As per filings with the U.S. Securities and Exchange Commission (SEC), the collaboration will focus on the co-development of a suite of semiconductor solutions tailored for Google's proprietary AI chip, the TPU. These solutions encompass storage, networking components, memory controllers, inference acceleration chips, and near-memory computing technologies.

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