Marvell Technology has given Google the option to acquire a stake valued at $12.2 billion, according to a Reuters report. The potential investment is connected to a custom chip agreement between the semiconductor company and the tech giant.

Details of the Agreement

The arrangement allows Google to purchase the multi-billion dollar stake in Marvell. This option forms part of a broader deal focused on custom chip development between the two companies.

Custom Chip Partnership

The agreement centers on custom semiconductor work, though specific technical details of the chips involved were not disclosed in the initial report. The deal represents a significant potential investment by Google in the chipmaker.

Further terms of the agreement, including the timeline for the option and specific conditions of the custom chip development, were not immediately available.