Marvell shares jump 9.8% on Google chip design deal

Marvell Technology Inc. today disclosed that it has won a contract to design artificial intelligence chips for Google LLC. The deal also extends to other areas. Notably, Marvell has issued a warrant that will enable Google to purchase about 59 million units of common stock. The shares are worth $12.2 billion. Santa Clara, California-based Marvell […] The post Marvell shares jump 9.8% on Google chip design deal appeared first on SiliconANGLE.