ChipsThe Next Webabout 2 hours ago
Google gets $12.2bn Marvell share option in chip deal
1 min read
Marvell Technology granted Google the right to buy up to $12.2 billion of its shares in exchange for Google purchasing its custom chips. The warrant covers 58,970,907 shares, and Marvell's stock jumped as much as 14 percent on the news.
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