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Marvell and Google expand their chip development deal, and Marvell grants Google a warrant to buy up to nearly 59M shares at $206.58 each, totaling up


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2026-08-19 15:42:23
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Dana Wollman / Bloomberg:

Marvell and Google expand their chip development deal, and Marvell grants Google a warrant to buy up to nearly 59M shares at $206.58 each, totaling up to $12.2B  —  Marvell Technology Inc. has agreed to give Alphabet Inc.'s Google rights to buy as much as $12.2 billion of its shares in exchange for purchasing chips.



Dana Wollman / Bloomberg:

Marvell and Google expand their chip development deal, and Marvell grants Google a warrant to buy up to nearly 59M shares at $206.58 each, totaling up to $12.2B  —  Marvell Technology Inc. has agreed to give Alphabet Inc.'s Google rights to buy as much as $12.2 billion of its shares in exchange for purchasing chips.



Source: TechMeme
Source Link: https://www.techmeme.com/260819/p20#a260819p20


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