🟢 Marvell Technology is trading 8.21% up today after expanding its custom-chip partnership with Google

Marvell Technology is trading 8.21% up at ARS 26220.00 after expanding its custom-chip partnership with Google and issuing a warrant allowing Google to buy up to $12.2 billion of Marvell shares.

• Reuters reported the deal could generate roughly $120 billion in revenue through fiscal 2033 if purchasing targets are met.
• The warrant covers up to 58.97 million shares at $206.58 each, tied largely to future Google purchases of AI accelerators, networking, storage, and related products.
• The company-specific catalyst outweighs broader semiconductor weakness.