---
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id: "d35035b57de1bea609da4ed58aebd52b4a67456ff45b9a3f3f5b7f2f10778f6c"
canonical_url: "https://aidr.today/d35035b5?lang=en"
title: "Marvell Grants Google $12.2 Billion AI Chip Warrant, Lifts Shares 13%"
lang: "en"
requested_lang: "en"
available_langs: ["en","vi"]
translation_fallback: null
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published_at: "2026-08-19T14:58:33.000Z"
category: "Chips"
topics: ["google","chips","inference","nvidia","infra"]
source_urls: ["https://huggingnews.com/ai/marvell-grants-google-122-billion-ai-chip-warrant-lifts-shares-13percent-99937e80","https://x.com/Techmeme/status/2090064035270291555","https://x.com/firstadopter/status/2090054027383857510","https://x.com/StockMKTNewz/status/2090054565861171290","https://x.com/StockSavvyShay/status/2090064939012775973","https://x.com/wallstengine/status/2090057740626665476","https://x.com/Beth_Kindig/status/2090052774637555818","https://x.com/WesRoth/status/2090453813853589891"]
summary: "Marvell Technology and Google expanded their semiconductor agreement to include AI inference accelerators and memory and storage controllers for the Google Tensor Processing Unit ecosystem. Under the terms, Marvell issued a warrant for up to 58,970,907 shares of common stock at an exercise price of $206.58 per share, totaling $12.2 billion. Most of the warrant vests in 240 equal tranches tied to Google generating $500 million in custom product revenue for Marvell through fiscal 2033, while 1,360,867 shares vest on a fixed quarterly schedule in the first year. Marvell shares rose more than 13% in pre-market trading. Broadcom shares fell nearly 5% following the disclosure of the expanded partnership. The deal comes as custom silicon gains market share; JP Morgan projects total AI accelerator shipments will rise 43% to 23.3 million in 2027, with custom chips from Google and Amazon pushing the segment to a 53% majority unit share."
---

# Marvell Grants Google $12\.2 Billion AI Chip Warrant, Lifts Shares 13%

> [Open the canonical story](<https://aidr.today/d35035b5?lang=en>)

**Published:** 2026-08-19T14:58:33.000Z
**Category:** Chips
**Topics:** google, chips, inference, nvidia, infra

## Summary

Marvell Technology and Google expanded their semiconductor agreement to include AI inference accelerators and memory and storage controllers for the Google Tensor Processing Unit ecosystem\. Under the terms, Marvell issued a warrant for up to 58,970,907 shares of common stock at an exercise price of $206\.58 per share, totaling $12\.2 billion\. Most of the warrant vests in 240 equal tranches tied to Google generating $500 million in custom product revenue for Marvell through fiscal 2033, while 1,360,867 shares vest on a fixed quarterly schedule in the first year\. Marvell shares rose more than 13% in pre\-market trading\. Broadcom shares fell nearly 5% following the disclosure of the expanded partnership\. The deal comes as custom silicon gains market share; JP Morgan projects total AI accelerator shipments will rise 43% to 23\.3 million in 2027, with custom chips from Google and Amazon pushing the segment to a 53% majority unit share\.

## Sources

- [Story source](<https://huggingnews.com/ai/marvell-grants-google-122-billion-ai-chip-warrant-lifts-shares-13percent-99937e80>)
- [Story source](<https://x.com/Techmeme/status/2090064035270291555>)
- [Supporting source](<https://x.com/firstadopter/status/2090054027383857510>)
- [Supporting source](<https://x.com/StockMKTNewz/status/2090054565861171290>)
- [Supporting source](<https://x.com/StockSavvyShay/status/2090064939012775973>)
- [Supporting source](<https://x.com/wallstengine/status/2090057740626665476>)
- [Supporting source](<https://x.com/Beth_Kindig/status/2090052774637555818>)
- [Story source](<https://x.com/WesRoth/status/2090453813853589891>)