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Google (GOOGL) Warrant Validates Marvell (MRVL) AI Chip Strategy

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Google’s $12B warrant to buy Marvell shares validates MRVL's custom AI chip strategy, shifting Alphabet from customer to aligned shareholder.
  • While Marvell’s valuation is high, strong data center growth and an expanded NVIDIA partnership support a positive long-term outlook.
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GOOGL price history

342.87 +7.36% over the displayed period

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