Google has acquired nearly 3 million Qualcomm shares for approximately $548 million—less than 0.5% of Qualcomm's total share capital—gaining exposure to Qualcomm's expansion into the AI data center market. Google also holds shares in chip design company Arm and has entered into a stock agreement worth up to $12.2 billion with Marvell to collaborate on developing its self-designed AI chip, the Tensor Processing Unit (TPU).