Marvell Technology (#MRVL) issued Google (#GOOGL) a warrant to purchase up to 58.97 million Marvell shares at $206.58 per share under an expanded custom-semiconductor commercial agreement. The partnership covers AI inference accelerators, storage controllers, network interface controllers, memory interface controllers and near-memory compute. Sector: Semiconductors / AI Infrastructure Key Highlights 🤝 Expanded Marvell–Google custom semiconductor partnership 📊 Warrant for up to 58.97M MRVL shares 💵 Exercise price: $206.58/share 🧠 Covers AI inference accelerators 💾 Includes storage and memory interface controllers 🌐 Includes network interface controllers ⚡ Includes near-memory compute technology 💰 Warrant vesting linked to $500M custom AI-chip revenue tranches 📅 Revenue linkage extends through fiscal 2033 Why It Matters The agreement deepens Marvell's role in Google's custom AI silicon strategy and could create significant long-term revenue opportunities as hyperscalers increasingly develop specialized AI chips. Read More: https://www.thinksabio.com/reports/isr/MRVL