Marvell vs. Broadcom: One AI Stock Is a Better Buy After Google’s Deal

Alphabet Inc.’s GOOGL Google is broadening its custom artificial intelligence (AI)-chip supply chain through a new partnership with AI networking chipmaker Marvell Technology, Inc. MRVL. The deal would strengthen the position of the latter, while raising concerns about Broadcom Inc.’s AVGO role as a major supplier.  

So, now the key question is: does the deal make Marvell a better AI stock to buy than Broadcom? Let’s take a closer look –  

Google’s Marvell Deal Challenges AVGO’s AI Chip Dominance 

For quite some time, Alphabet-owned Google and other blue-chip companies have been developing custom AI chips to find more cost-effective alternatives to NVIDIA Corporation‘s NVDA advanced chips.  

Alphabet’s Google has primarily collaborated with Broadcom to develop its custom chips. In April, Broadcom confirmed that it had extended its partnership with Google through 2031, under which it will provide the company with tensor…