By David Moadel
Publication Date: 2026-10-19 17:08:00
A reported delay in Google’s next AI chip sent investors scrambling to gauge the fallout for its custom silicon partners, but one analyst thinks the market is misreading what the setback actually means for Marvell’s long-term position.
Wall Street is treating a reported delay in the next tensor processing unit (TPU) chip from Alphabet‘s (NASDAQ:GOOGL | GOOGL Price Prediction) Google as a manageable setback for its custom chip partners. Marvell Technology (NASDAQ:MRVL) stock is at $241.27, up 6% in afternoon trading.
Meanwhile, Broadcom (NASDAQ:AVGO) stock is up 3%, a smaller gain than the jump in Marvell shares. Data center operators buy Marvell’s custom AI chips along with its optical and networking products, and Broadcom competes with Marvell in custom AI silicon and networking.
Analyst Note Calms Google Chip Fears
GF Securities analyst Jeff Pu stated in a note that a reported delay in Google’s next TPU doesn’t change Marvell’s medium- to long-term position in…
