Marvell Stock Jumps on Google AI Chip Deal Talks

Alphabet’s Google reportedly negotiates with Marvell to develop two custom chips for more efficient AI model performance.

The proposed deal includes a memory processing unit and a next-generation tensor processing unit for advanced AI workloads.

Sources indicate both companies explore designs that enhance speed and efficiency across large-scale data center operations.

Google currently supplies tensor processing units to AI firms like Anthropic for developing and running advanced models.

The report follows Meta’s expanded partnership with Broadcom, reinforcing strong industry demand for custom AI processors.

Marvell and Broadcom both specialize in designing chips tailored for hyperscale data centers and AI-driven infrastructure.

Analysts assign Marvell a “buy” rating, with a median price target of $125 and strong forward earnings expectations.

If gains hold, Marvell could add over $9 billion in market value, reflecting rising investor confidence in AI growth.

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