Marvell Jumps 6% as GF Securities Says Google Chip Delay Won’t Dent Its Position; Broadcom Rises 3%
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The post Marvell Jumps 6% as GF Securities Says Google Chip Delay Won’t Dent Its Position; Broadcom Rises 3% appeared first on 24/7 Wall St..
Wall Street is treating a reported delay in the next tensor processing unit (TPU) chip from Alphabet‘s (NASDAQ:GOOGL) Google as a manageable setback for its custom chip partners. Marvell Technology (NASDAQ:MRVL) stock is at $241.27, up 6% in afternoon trading.
Meanwhile, Broadcom (NASDAQ:AVGO) stock is up 3%, a smaller gain than the jump in Mar
Wall Street is treating a reported delay in the next tensor processing unit (TPU) chip from Alphabet‘s (NASDAQ:GOOGL) Google as a manageable setback for its custom chip partners. Marvell Technology (NASDAQ:MRVL) stock is at $241.27, up 6% in afternoon trading.
Meanwhile, Broadcom (NASDAQ:AVGO) stock is up 3%, a smaller gain than the jump in Mar
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