{"id":408267,"date":"2026-04-20T13:17:09","date_gmt":"2026-04-20T13:17:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/408267\/"},"modified":"2026-04-20T13:17:09","modified_gmt":"2026-04-20T13:17:09","slug":"marvell-shares-gain-on-report-of-deal-talks-with-google-to-develop-two-ai-chips","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/408267\/","title":{"rendered":"Marvell shares gain on report of deal talks with Google to develop two AI chips"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">April 20 (Reuters) &#8211; Marvell Technology&#8217;s shares jumped 6% in premarket trading on Monday following a report that Alphabet&#8217;s Google is in talks with the \u200cchip designer to develop two new chips aimed at running AI models more \u200cefficiently.<\/p>\n<p class=\"yf-1fy9kyt\">The potential deal could involve two distinct chips: a memory processing unit to complement Google&#8217;s tensor processing \u200bunit and a new TPU built for running AI models, The Information reported on Sunday, citing two people with direct knowledge of the discussions.<\/p>\n<p class=\"yf-1fy9kyt\">Big Tech companies such as Google and Facebook-parent Meta are investing heavily to reduce dependence on external chip suppliers by expanding their \u200ccustom chip efforts amid Silicon \u2060Valley&#8217;s intensifying AI rivalry.<\/p>\n<p class=\"yf-1fy9kyt\">Google deploys TPUs for training AI models and to respond to user queries, a process known as inferencing, and works \u2060with Broadcom to design its chips.<\/p>\n<p class=\"yf-1fy9kyt\">The report signals that Google might be looking to diversify from Broadcom amid surging demand for its chips as businesses seek alternatives to <a href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\/\" data-ylk=\"slk:Nvidia;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Nvidia&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">Nvidia<\/a>&#8216;s pricey \u200bchips.<\/p>\n<p class=\"yf-1fy9kyt\">AI lab \u200bAnthropic uses a range of chips, including \u200bTPUs designed by Google, to develop \u200cand run its <a href=\"https:\/\/tech.yahoo.com\/ai\/\" data-ylk=\"slk:AI software;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;AI software&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">AI software<\/a> and chatbot Claude.<\/p>\n<p class=\"yf-1fy9kyt\">Google and Marvell did not immediately respond to Reuters requests for comment.<\/p>\n<p class=\"yf-1fy9kyt\">Last week, Meta extended its deal with Broadcom to produce several generations of custom AI processors. The social media giant paid Broadcom $2.3 billion last year for AI chip design and related services.<\/p>\n<p class=\"yf-1fy9kyt\">Both Marvell and its larger rival Broadcom help \u200cclients with designing chips, as growing adoption of AI \u200btools boost demand for specialized processors used in \u200badvanced data centers.<\/p>\n<p class=\"yf-1fy9kyt\">Last month, Nvidia invested $2 \u200bbillion in Marvell in an effort to make it easier for \u200ccustomers to use the custom AI chips \u200bthat Marvell designs with \u200bNvidia&#8217;s networking gear and central processors.<\/p>\n<p class=\"yf-1fy9kyt\">Marvell, which expects its revenue to approach $15 billion in fiscal 2028, is set to add more than $7 billion to its market \u200bvalue of $122.15 billion, if \u200cthe premarket gains hold.<\/p>\n<p class=\"yf-1fy9kyt\">Marvell trades at 33.35 times the estimates of its earnings \u200bfor the next 12 months, compared with 27.84 for Broadcom.<\/p>\n<p class=\"yf-1fy9kyt\">(Reporting by Jaspreet \u200bSingh in Bengaluru; Editing by Arun Koyyur)<\/p>\n","protected":false},"excerpt":{"rendered":"April 20 (Reuters) &#8211; Marvell Technology&#8217;s shares jumped 6% in premarket trading on Monday following a report that&hellip;\n","protected":false},"author":2,"featured_media":408268,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,218,219,2337,88988,30491,1711,61,60,70235,46959,80],"class_list":["post-408267","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-broadcom","tag-chip-design","tag-chips","tag-google","tag-ie","tag-ireland","tag-marvell-technology","tag-premarket-trading","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/408267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=408267"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/408267\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/408268"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=408267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=408267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=408267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}