General · 19 August 2026

Google's $12.2B option could make it Marvell's fifth-biggest owner

This partnership might generate about $120bn for the semiconductor maker by 2033, provided Google hits specific performance targets. The agreement allows the tech giant to acquire nearly 59 million shares at a fixed price, potentially turning it into Marvell's fifth-biggest shareholder. Stock in Broadcom, previously the main supplier of these specialised processors for Google, dropped by over 5% on Wednesday.

✓ Verified against the source · 60 words · 40 sec

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