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-0.000274329607022783 -0.000377203209656449 -0.000925862423702016 -6.85824017556471E-05 -0.000754406419312703 0.000411494410534272 0.0107674370756465 0.0209862149372471
Stock impact report

Marvell falls back after reports on Google AI chip talks disputed by analysts [Yahoo! Finance]

Marvell Technology, Inc. (MRVL) 
Last marvell technology, inc. earnings: 3/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: marvell.com/company/investor_relations
Company Research Source: Yahoo! Finance
Marvell Technology Group Ltd. (NASDAQ:MRVL) shares pared gains after an earlier rally on Monday, as analysts pushed back on reports suggesting the company had secured major artificial intelligence chip design work with Alphabet's Google. The stock had initially risen about 3.3% in morning trading after reports that Marvell was in discussions with Google to develop custom silicon, including a memory processing unit and a TPU designed for AI inference workloads. However, JPMorgan said reports that Marvell had “won” Google's TPU business were false, arguing that Alphabet Inc (NASDAQ:GOOG) is still engaging multiple semiconductor partners, while Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) remains the clear incumbent in TPU-related design work. The original report, attributed to The Information and cited by Wedbush, suggested Google was in talks with Marvell on two chip projects: a memory processing unit potentially tied to advanced memory architectures such as CXL, and a new TPU aimed at Show less Read more
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