Stocks in Action USA: Marvell Technology, Estée Lauder, Moderna

Marvell (MRVL) secures billion-dollar stock option from Google – AI chip partnership expands! Marvell Technology and Google are deepening their collaboration in the development of custom AI chips. As part of the expanded partnership, Google receives the right to acquire up to 58.97 million Marvell shares at $206.58 each – totaling a potential volume of around $12.2 billion. The agreement is closely tied to the economic success of the joint chip projects: a portion of the shares will be transferred in the first year, while further tranches...