Marvell gives Google option to buy $12.2 billion stake in custom AI chip deal

Aug 19 : Marvell Technology will help develop Google's in-demand custom chips and has offered the search giant the right to buy a potential $12.2 billion stake, the latest deal in which Big Tech is investing in the suppliers powering its AI build-out.Shares of the chipmaker jumped nearly 8 per cent as the dea