Marvell Technology expands its Google partnership to develop custom AI silicon, with a warrant for 59 million shares tied to $120B in revenue

Marvell gave Google a warrant to buy up to $12.2bn of its shares, unlocked as Google buys its custom AI chips. Marvell jumped, Broadcom fell.

And Marvell just offered the Chocolate Factory a $12.2B stake to sweeten the deal

Marvell shares jump 9.8% on Google chip design deal - SiliconANGLE