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Google Just Gave Marvell a $12.2 Billion Vote of Confidence — And Broadcom Lost 5% the Same Day

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When Marvell Technology disclosed a new custom chip partnership with Google on August 19, its stock jumped more than 11%. Broadcom’s fell more than 5%. That divergence tells you almost everything about what the deal actually means. What Was…

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Google Just Gave Marvell a $12.2 Billion Vote of Confidence — And Broadcom Lost 5% the Same Day
TimesTabloid 1h ago

Google Just Gave Marvell a $12.2 Billion Vote of Confidence — And Broadcom Lost 5% the Same Day

When Marvell Technology disclosed a new custom chip partnership with Google on August 19, its stock jumped more than 11%. Broadcom’s fell more than 5%. That divergence tells you almost everything about what the deal actually means. What Was…