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Wood’s ARK Invest purchased $20 million shares of Broadcom on Wednesday.

Morningstar said the long-term opportunity far outweighs share-dilution concerns.

A number of stocks fell in the afternoon session after investors reacted to a significant partnership between Google and Marvell Technology for custom AI chip development, signaling a potential shift in market share.

Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) fell 3.9% in the afternoon session after its competitor Marvell Technology landed a deal to develop custom artificial intelligence (AI) chips for Google.

A key AI relationship just became more complicated

Broadcom Inc. (NASDAQ:AVGO) stock is down roughly 20% from its all-time highs in June, a pullback driven by a mix of lofty AI expectations, a high valuation multiple, broader market pressures, the Mediatek-driven narrative, and more recently, Marvell Technology Inc. (NASDAQ:MRVL). Despite the drop, TD Cowen analyst Joshua Buchalter recently reiterated a Buy rating on […]

Marvell Technology, Inc. (NASDAQ:MRVL) has expanded its partnership with Google to develop custom chips for AI infrastructure, strengthening its position in the growing custom-silicon market. The agreement covers several areas linked to Google’s Tensor Processing Unit ecosystem, including AI inference accelerators, storage and networking products, memory interface controllers, and near-memory computing. Alongside the commercial agreement, […]

Regulators took initial steps to allow investors to trade AI compute futures based on the prices of GPUs sold by the likes of Nvidia, TSMC and Broadcom.

The market is treating NVIDIA like a semiconductor laggard, even as its growth and profit metrics dominate the very peers it's being priced against.

NVIDIA's lower financial risk and stronger profitability give it an edge over Broadcom as both benefit from AI demand.

The multiple is paid on capacity that is still being built, while the trailing year still ends in a loss.

Marvell Technology (MRVL) shares jumped Wednesday after the chip designer entered into a deal that w

The new supplier raises concentration questions around Broadcom's most important custom-silicon relationship.

Broadcom Shares Slide as Google Turns to Marvell for Custom AI Chips

OpenAI, Anthropic, Meta, and AWS are all competing for the same scarce silicon, and one chipmaker sits at the center of every deal. Whether that position justifies the current price depends on a set of risk factors most investors have not priced in.

The semiconductor and networking specialist ceded some of its custom chips business to a rival. Or did it?

CRDO targets scale-up AI connectivity as a new growth leg, with fiscal 2027 revenues starting and a bigger fiscal 2028 opportunity ahead.

Chip stocks are selling off hard even as bond yields fall and the broader market turns green, yet one name in the sector is holding completely flat while its peers bleed out.

Marvell stock jumps after the chip maker announces it issued a warrant to Google to purchase up to 59 million shares.

Marvell stock jumps after the chip maker announces it issued a warrant to Google to purchase up to 59 million shares.

Marvell just walked into Broadcom's most important customer relationship, and the fallout is shaking loose bigger questions about whether Broadcom's stock has been quietly losing its grip on the AI chip race all year.

Tech stocks faced renewed selling pressure, while healthcare, basic materials, and consumer discretionary stocks rose.

A massive warrant disclosure just reshuffled who builds Google's AI chips, sending one semiconductor giant surging while punishing the longtime incumbent with a 3% drop before markets had time to blink.

Marvell Technology stock jumped after the chipmaker announced a deal to develop chips for Alphabet unit Google.

By Avinash P and Purvi Agarwal Aug 19 (Reuters) - The main U.S. stock indexes were on track to open higher on Wednesday after a tech-led selloff in the previous session as investors assessed fresh

Marvell Technology said on Wednesday it has issued ‌Alphabet's Google a warrant to ‌buy a stake worth about $12.18 billion as ​part of a deal to help develop custom chips for the search giant. Shares of the custom chipmaker jumped ‌more than ⁠11% in premarket trading, while larger rival Broadcom was ⁠down over 3%. Demand for custom chips such as Google's tensor processing units (TPUs), ​used for ​AI workloads, ​has surged in ‌recent years as businesses seek alternatives to Nvidia's pricey graphics processors.

Investors must weigh the upside in these chip stocks against risks and volatility.

Cerebras Systems has introduced the CS-4, a significant advancement in AI chips, claiming it to be the fastest AI accelerator available today. Built on the new Wafer Scale Engine 3 Turbo, the CS-4 offers up to 30 times more speed and 10 times more throughput per watt compared to GPU-based solutions, significantly enhancing data center efficiency. This new development sets a benchmark for AI inference speed and enables support for models with over 50 trillion parameters. The CS-4, part of a...

GPUs and hyperscaler spending dominate the headlines, but the real compounding is happening one layer below in the switches, optics, and custom silicon stitching AI clusters together. Three networking stocks have separated from the pack, and their latest earnings reports suggest the gap is widening.

According to a Reuters report, Samsung Electronics is raising prices on some advanced foundry services by up to 15% amid strong demand for AI chips.