By Fatima Gulzar
Publication Date: 2026-04-25 05:57:00
Broadcom Inc. (NASDAQ:AVGO) is one of the
8 Best AI Stocks to Buy According to Billionaire Ken Griffin.
On April 20, 2026, CNBC reported that Broadcom Inc. (NASDAQ:AVGO) shares dipped roughly 2%. On the other hand, Marvell Technology shares rose nearly 6% after The Information revealed the firm would assist Google in designing two new artificial intelligence chips. The proposed collaboration consists of a tensor processing unit and a memory processing unit, which would expand Google’s chip strategy beyond Broadcom Inc. (NASDAQ:AVGO).
The Google-Broadcom agreement will continue through 2031. Google and Marvell did not reply to requests for comments.
Marvell and Broadcom Inc. (NASDAQ:AVGO) both give backend chip design support before manufacturing at major fabrication operations. The move shows growing demand as large technology companies create in-house AI accelerators.
/Broadcom%20Inc%20logo%20on%20building-by%20Poetra_%20RH%20via%20Shutterstock.jpg?ssl=1 "Google Is Gaining Ground in TPUs, But This 1 Other Chipmaker Is Still a Strong Buy According to Morgan Stanley")
