By Investor’s Business Daily
Publication Date: 2026-08-19 13:15:00
Marvell Technology (MRVL) stock jumped Wednesday after the fabless chipmaker announced a deal to develop chips for Alphabet (GOOGL) unit Google. Marvell also issued to Google a warrant to purchase up nearly 59 million shares of Marvell stock at an exercise price of $206.58 per share. On the stock market today, Marvell stock surged 9.9% to 237.27. Meanwhile, rival Broadcom…
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