Business

Stock Market Reacts to Chip Deal

Updated 2026-08-19 13:25 UTC 1 source Neutral

Marvell’s stock surged while Broadcom’s fell after Google announced a deal to purchase about $12 billion worth of Marvell’s stock and an option for more. The move highlights the competitive landscape in the semiconductor industry.

Coverage timeline — 2 articles

MarketWatch

Marvell’s stock surges on news of Google chip deal — and Broadcom’s falls

Google will also get the option to purchase about $12 billion worth of Marvell’s stock.

2026-08-19 13:05 UTC

MarketWatch

I’m leaving my grandkids money — but they must pass financial-literacy classes to get it. Is that fair?

“I do believe very much in delayed gratification.”

2026-08-19 13:07 UTC