StocksMedium•19 October 2026•
1 min read
Marvell and Broadcom Shares Rise Despite Reported Google Chip Delay
Key Facts
1Marvell shares rose 6% following a GF Securities report stating that Google's chip delay will not hurt the company's position.
2Broadcom shares climbed 3% amid market optimism regarding Alphabet's custom chip partners.
Marvell shares rose 6% following a GF Securities report stating that Google's chip delay will not hurt the company's market position. 247wallst.com reported that Broadcom shares also climbed 3% amid market optimism regarding Alphabet's custom chip partners, despite reports of a delay in Google's next Tensor Processing Unit (TPU).
MRVL closed at $227.83 on October 16, 2026, while AVGO was trading at $336.61 on October 19, 2026. During the same session, GOOGL was trading at $344.22 on October 19, 2026, as analysts characterized the reported setback in Google's custom AI silicon as manageable for its primary manufacturing partners.