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Google Ties Billion-Dollar Option to Marvell for Custom AI Chips
Alphabet (NasdaqGS:GOOGL) has expanded its AI chip collaboration with Marvell Technology, including an option arrangement valued at up to $12.2 billion in Marvell shares.
The value of the option is tied to the volume of AI chip business Google directs to Marvell across inference, networking, storage, memory and near-memory computing.
This partnership aims to build custom AI hardware that can sit alongside Alphabet's existing solutions and provide alternatives to other large chip suppliers.