Marvell Technology (MRVL) stock jumped Wednesday after the chipmaker announced a deal to develop chips for Alphabet (GOOGL) unit Google.
Marvell also issued to Google a warrant to purchase up nearly 59 million shares of Marvell stock at an exercise price of $206.58 per share
In premarket trades on the stock market today, Marvell stock surged about 13% to 243.97.… Related news What Does The S&P 500 Earnings Boom Say About The Stock Market? 8/18/2026 S&P 500 earnings are up 50.4%. That’s the best quarter since Q2 of 2021. 8/18/2026 S&P 500 earnings are up 50.4%. That’s the best quarter