Marvell Stock Jumps On Google Chip, Investment Deal
Published: 2026-08-19
Marvell Technology (MRVL) stock jumped Wednesday after the chipmaker announced a deal to develop chips for Alphabet (GOOGL) unit Google. Marvell also issued to Google a warrant to purchase up nearly 59 million shares of Marvell stock at an exercise price of $206.58 per share. In premarket trades on the stock market today, Marvell stock surged about 13% to 243.97.… Copyright ©2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8
Originally sourced from Yahoo