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Home›US Markets›Equities›Marvell shares surge after Google chip deal news

Marvell shares surge after Google chip deal news

The deal also gives Google an option to buy about $12 billion worth of Marvell stock.

Reported · Written up by our desk · Equities

Marvell shares jumped after news of a chip-related deal involving Google, according to MarketWatch.

The report said Google will also receive an option to purchase about $12 billion worth of Marvell stock.

MarketWatch also noted that Broadcom shares fell alongside the Marvell move.

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Sources

MarketWatchMarvell’s stock soars on news of Google chip deal , and Broadcom’s falls
MarketWatchMarvell’s stock soars on news of Google chip deal , and Broadcom’s falls

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