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30 days ago
Broadcom AVGO shares opened lower on Wednesday after Marvell Technology announced a deal to help Google develop custom artificial intelligence chips and gave the Alphabet-owned company an option to acquire as much as $12.2 billion of Marvell shares. Marvell shares jumped about 7% following the announcement, while Broadcom, which has been Google's main custom chip partner, fell roughly 5% at th...