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      Marvell Technology Shares Rise Following AI Chip Development Talks with Google

      Marvell Technology, a designer of networking chips, experienced a significant increase in its stock price, rising by 6.9% during the afternoon trading session. This surge is attributed to reports indicating that the company is engaged in discussions with Alphabet's Google regarding the co-development of two new custom chips focused on artificial intelligence (AI).

      The collaboration aims to enhance capabilities in the AI sector, reflecting the growing demand for advanced technology solutions. Marvell's involvement in this initiative highlights its strategic positioning within the semiconductor industry, particularly in the rapidly evolving AI market.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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