Stock Market Today, April 20: Marvell Gains on Reports of Custom AI Chip Talks With Google
Marvell Technology (NASDAQ:MRVL), a data infrastructure chip designer, closed Monday at $147.84, up 5.83%. The stock moved higher after reports of talks with Alphabet’s Google on co-developing two custom AI chips, and investors are watching potential AI data center design wins.
The company’s trading volume reached 38.7 million shares,