Marvell and Google AI Chip Talks

The collaboration is expected to focus on creating custom processors that can speed up AI results and reduce energy consumption in data centers.

While Broadcom has previously been Google's primary partner for such projects, analysts suggest that Alphabet is looking to diversify its supply chain.

The news has led to price target boosts for Marvell from top investment firms, who see significant growth potential in the agentic AI space.

This shift in spending beyond graphics processors to CPUs could have major ramifications for the entire semiconductor industry as the AI boom continues.