Marvell Shares Up 6.3% After Google Deal

Marvell Technology shares surged 6.3% in pre‑market trading after The Information reported a partnership with Google to develop two AI chips.
The collaboration includes a memory processing unit to complement Google’s TPU and a new TPU designed specifically for AI inference.
Google aims to finalize the memory chip design by next year and move to test production, expanding TPU sales beyond its cloud platform.
The move underscores Google’s push to commercialize TPUs, challenging Nvidia’s dominance in AI hardware.