Marvell’s stock soars on news of Google chip deal — and Broadcom’s falls

MarketWatch Wednesday 19 August 2026, 13:05 UTC By Emily Bary 1 min read

Key Points

Google will also get the option to purchase about $12 billion worth of Marvell’s stock.

Google will also get the option to purchase about $12 billion worth of Marvell’s stock. [Image text:] 5488 M MARVELL

Marvell (ORG) Google (ORG) Broadcom (ORG)

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Marvell’s stock soars on news of Google chip deal — and Broadcom’s falls

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