Marvell Technology Group is trading 6.82% down now at $220.88 as investors continue taking profits following its Google custom-AI-chip agreement and weigh potential dilution.
- The deal includes warrants allowing Google to purchase up to 58.97 million shares at $206.58, potentially creating dilution.
- Broader semiconductor weakness and caution ahead of Marvell’s August 27, 2026, earnings report are adding pressure.
- The Nasdaq Composite is down 0.63%.