Google and Marvell Reportedly Collaborating on AI Chip Development
Google (GOOG, GOOGL) and Marvell (MRVL) are reportedly developing two AI chips in partnership, according to a report from The Information. Marvell's stock rose 5% in premarket trading, while Google's stock fell 1%. The collaboration aims to challenge Nvidia (NVDA) in the AI chip market.
Tickers: $GOOG $GOOGL $MRVL $NVDA $TSLA
Topics: AI chips AI development Alphabet Marvell Nvidia semiconductor industry