Google Gets Warrant for $12.2B Stake in Chipmaker Marvell
Marvell Technology has granted Google a warrant to purchase up to 58.97 million shares of its common stock, valued at approximately $12.2 billion at the exercise price.
The warrant was issued on August 19, 2026, and is part of Marvell's securities filing. According to the filing, Google has been given an option to buy a significant stake in the chipmaker.
This move suggests that Google may be looking to expand its influence in the technology sector by investing in companies like Marvell, which specializes in semiconductor design and manufacturing.