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Google Secures Option to Buy $12.2 Billion Marvell Stake

Guavy AI Editorial Team
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Google has secured an option to buy a significant stake in Marvell Technology, worth around $12.2 billion if fully exercised.

The deal involves Google's right to purchase up to 58.97 million shares of Marvell, with most of the allocation tied to the tech giant's custom chip spending commitments through fiscal year 2033.

This strategic partnership deepens Google's push to build its own AI hardware stack and may drive adoption and demand for compute-heavy infrastructure, including crypto and DeFi-related platforms.

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