{
  "id": 2222695,
  "title": "Marvell gives Google option to buy $12.2 billion stake in custom AI chip deal",
  "url": "https://urgent.news/2026/08/19/marvell-gives-google-option-to-buy-12-2-billion-stake-in-custom-ai-2222695",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-19T12:38:12.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/technology/articles/marvell-grants-google-12-2-123812695.html"
  },
  "original_language": "en",
  "account": "Marvell Technology has teamed up with Google to develop the latter's custom chips, offering the tech giant the right to purchase a potential $12.2 billion stake in the venture. The agreement, which comes as big tech companies increasingly invest in suppliers powering AI initiatives, is expected to generate around $120 billion in revenue for Marvell through fiscal 2033, provided Google fulfills the terms of its stake option. Shares in Marvell surged nearly 8% following the announcement, while rival Broadcom saw a more than 5% decline and Alphabet's shares remained relatively stable. The growing demand for in-house chips like Google's tensor processing units (TPUs), which are more cost-effective alternatives to Nvidia's expensive graphics processors and better tailored for inference tasks, has been a key driver behind such deals. The Marvell-Google partnership encompasses a wide array of technologies related to TPUs, including AI model-running processors, data storage management, and network information transfer. Google has been granted the right to acquire up to 58.97 million Marvell shares at $206.58 per share, amounting to $12.18 billion if the option is exercised in full. Analysts view this as a significant endorsement for Marvell and a growing opportunity for Google to diversify its AI infrastructure sources, rather than a direct challenge to Broadcom's dominance in the market.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Marvell gives Google option to buy $12.2 billion stake in custom AI chip deal",
        "url": "https://urgent.news/2026/08/19/marvell-gives-google-option-to-buy-12-2-billion-stake-in-custom-ai",
        "published": "2026-08-19T12:38:12.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}