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0.000720065834590716 0.00123439857358392 0.000720065834590716 0.000787271979152397 0.00891510080921692 0.0169386915375122 0.0192017555890825 0.0199561102729394
Stock impact report

Google Deal Talks Send This AI Chip Designer's Stock to New Highs [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 shares climbed to a record high Monday following a report that the custom chip designer is in talks with Google. A deal could see Marvell develop new custom AI chips with the cloud giant. One custom AI chip designer's stock is off to a strong start this week amid reports that it is on the verge of a reaching a deal with Google. Shares of Marvell Technology ( MRVL ) were up over 4% in recent trading and on track to close at a fresh high topping Friday's record, after The Information reported over the weekend that the chipmaker is in talks with Alphabet's ( GOOGL ) Google. Shares of Alphabet were down about 1%. A deal could see Marvell design new custom AI chips for Google, which could help them better compete with offerings from AI chip leader Nvidia ( NVDA ), the report said. Google and Marvell did not respond to Investopedia's requests for comment in time for publication. Why This Matters to Investors A deal with Google would add to Marvell's wins th Show less Read more
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