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The Economic Times
The Economic Times
Technology

Marvell selloff deepens as investors seek clarity on Google AI deal payoff

Chip designer Marvell Technology's shares fell more than 8% to $221.6 in ​early trading on Friday as ​investors looked beyond the company's solid results in search of ​fresh clues for long-term growth.

Marvell has become a market darling fueled by the AI spending boom as Big Tech races to adopt custom chips for greater cost efficiency and performance, powering ‌its shares ⁠to nearly ⁠triple this year.

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