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Business

Marvell pops 8% on AI chip deal that lets Google buy up to $12.2 billion in shares

CNBC · August 19, 2026 at 1:34 PM

Marvell pops 8% on AI chip deal that lets Google buy up to $12.2 billion in shares

Google and its competitors have been pursuing custom chips to improve efficiency and reduce reliance on Nvidia.

Read the full article on CNBC ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cnbc.com — the content belongs to CNBC.

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