Google’s $12.2 Billion Marvell Deal Signals AI Chip Boom as Easier Yields Lift Risk Appetite

‼️ 🧠 MARVELL TECHNOLOGY AGREED TO ALLOW ALPHABET’S GOOGLE TO PURCHASE UP TO $12.2 BLN OF ITS SHARES IN EXCHANGE FOR CHIPS, HIGHLIGHTING CONTINUED STRONG DEMAND FOR AI-RELATED SEMICONDUCTOR CAPACITY, AS EASIER TREASURY CONDITIONS AND LOWER LONG-TERM YIELDS BOOSTED RISK ASSETS.

Leave a comment