Marvell hands Google a $12.2bn share option in a custom-chip deal
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Marvell Technology has agreed to give Google the right to buy up to $12.2 billion of its shares.
In return, Google will buy its custom chips.
The chipmaker set out the deal in a regulatory filing on Wednesday.
Its stock jumped as much as 14 percent on the news.
The warrant lets Google buy 58,970,907 […]
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