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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 tradin
Meta Platforms plans to start manufacturing an artificial intelligence chip from September as part of its plan to boost overall computing power to 14 gigawatts next year, showed an internal memo reviewed by Reuters. Meta tailored the chip for its own needs and
Apple has announced a new multi-year partnership with Broadcom to design and manufacture custom silicon components and advanced wireless technologies in the United States, according to Apple s official statement. Under this new agreement, Apple said it will sp
Broadcom shares gained after Apple announced a multi-year chip supply agreement exceeding $30 billion. The deal expands US manufacturing, strengthens Broadcom s custom silicon business through 2031 and supports Apple s strategy to build a domestic semiconducto