Marvell Technology's Stock Rises on Reports of Potential Deal with Google
Marvell Technology's stock reached a new high after reports emerged that the company is in talks with Google to develop custom AI chips. The potential deal could enhance Marvell's position in the AI chip market and increase competition with Nvidia. The stock has gained over 70% since the start of the year.
Topics: AI chips Google M&A talks Marvell Technology Nvidia stock price movement