The Story
News Summary
- Broadcom shares fell over 5% after Marvell Technology secured a major custom AI chip deal with Google.
- The partnership includes warrants incentivizing Google purchases, raising concerns about supplier diversification and potential market share erosion for Broadcom's custom silicon business despite its long-term contract through 2031.
Explore AVGO price history & advisor snapshot
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Stored market data
AVGO price history
361.99
-3.69% over the displayed period
Advisor Snapshot
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