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Stockreport

Marvell Stock Pops on Reports of Google AI Chip Deal to Challenge Nvidia [Yahoo! Finance]

NVIDIA Corporation (NVDA)  More Company Research Source: Yahoo! Finance
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
indicated Alphabet's Google is in discussions to jointly develop a pair of custom chips aimed at handling artificial intelligence workloads more efficiently. The reported talks center on two distinct components. One would be a memory processing unit built to operate alongside Google's existing tensor processing units, while the other involves a new TPU tailored specifically for AI inference tasks. The companies could finalize the memory chip design as early as next year before shifting toward test production. Is GOOGL fairly valued? Test your thesis with our free DCF calculator. For Google, the collaboration with Marvell represents another step in positioning its in-house TPU hardware as a viable alternative to the graphics processors sold by Nvidia ( NASDAQ:NVDA ). Google has recently expanded external sales of its TPU chips and launched a software initiative to make the hardware compatible with PyTorch, a widely adopted AI framework. Marvell stands to benefit from deeper int [Read more]

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Stockreport

Marvell Stock Pops on Reports of Google AI Chip Deal to Challenge Nvidia [Yahoo! Finance]

NVIDIA Corporation  (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
indicated Alphabet's Google is in discussions to jointly develop a pair of custom chips aimed at handling artificial intelligence workloads more efficiently. The reported talks center on two distinct components. One would be a memory processing unit built to operate alongside Google's existing tensor processing units, while the other involves a new TPU tailored specifically for AI inference tasks. The companies could finalize the memory chip design as early as next year before shifting toward test production. Is GOOGL fairly valued? Test your thesis with our free DCF calculator. For Google, the collaboration with Marvell represents another step in positioning its in-house TPU hardware as a viable alternative to the graphics processors sold by Nvidia ( NASDAQ:NVDA ). Google has recently expanded external sales of its TPU chips and launched a software initiative to make the hardware compatible with PyTorch, a widely adopted AI framework. Marvell stands to benefit from deeper int [Read more]

IMPACT SNAPSHOT
EVENT TIME:
NVDA
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Price Change %
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%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
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