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5d ago

Marvell and Google Enhance Collaboration in AI Chip Development

Aug 19, 2026
AI Summary

Marvell has expanded its partnership with Google, allowing the tech giant to purchase up to $12.2 billion in stock. In other news, SK Hynix is initiating a $29 billion share buyback to stabilize its stock, while startup Fuse has secured $100 million to advance commercial nuclear fusion energy.

  • Marvell has deepened its partnership with Google, granting the company the option to buy up to $12.2 billion in stock for chip development.
  • SK Hynix plans to buy back $29 billion in shares to stabilize its stock, which has seen a decline of over 50% in the past two months.
  • Startup Fuse has raised $100 million to develop commercial nuclear fusion energy for the United States and its allies.
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