🟢 Marvell Technology Group is trading 3.6% up in pre-market as chip stocks rebound

Marvell Technology Group is trading 3.6% up at $237.45 as chip stocks rebound in pre-market trading alongside a stronger Nasdaq futures backdrop.

• The August 19 Google custom-AI-chip agreement remains relevant, including warrants for up to 58.97 million shares at $206.58.
• Available reporting does not identify a new August 25 company-specific announcement.
• The move follows recent profit-taking and appears primarily sector-driven rather than tied to a fresh corporate catalyst.