Marvell Technology: The Google Deal Increases Chances for Further Market Share

Marvell Technology (MRVL) is currently an exciting technology stock ahead of its quarterly earnings report on August 27. With the partnership announced on August 19 with Google for the TPU ecosystem, it now joins Microsoft and Amazon in collaboration with the third major hyperscaler. According to Stifel, this could multiply the current run rate with a potential revenue volume of up to $120 billion over 6.5 years. I believe that market shares from Broadcom could now be gained as well. The major competitor currently claims about 70% of the market...