Marvell Technology has given Google an option to buy a $12.2 billion stake in a custom chip deal. This was reported by Qazaqyia.kz citing Reuters.
Under the agreement, Google will be able to acquire a stake in Marvell's custom chip unit. This move is aimed at strengthening cooperation between the two companies.
Marvell's proposal is a significant event in the technology market. Custom chips are in high demand, especially for artificial intelligence and data centers.