Alphabet 'C'

Marvell has granted Google a warrant on up to 58.97 million shares at an exercise price of $206.58, exercisable until Aug. 18, 2033, which vests partly over time and partly based on Google revenue. The agreement covers custom‑silicon programs for the TPU ecosystem, including AI accelerators, storage and network controllers, and near‑memory compute. Market reaction: Marvell shares rose as much as about 8.9 percent; analysts see mostly upside potential with a median price target of roughly $272.73; the maximum package value is, according to the SEC, up to $12.2 billion. » Altro su finanzen.net

Alphabet has started recording revenue from sales of its custom TPUs after CEO Sundar Pichai announced the chips would be sold to select outside customers. TPUs offer a lower-cost, workload-specific alternative to Nvidia GPUs and could reduce customers' dependence on Nvidia if demand grows. Broadcom stands to benefit from the move through its long-term TPU design partnership with Alphabet running through 2031. The development complements Alphabet's rapidly growing Google Cloud business, which reported $24.8 billion in sales and a $514 billion cloud backlog in Q2. » Altro su finance.yahoo.com

Demis Hassabis hands over operational leadership of DeepMind, becomes chairman of the unit and Alphabet’s new chief scientist to focus on developing general AI. At the same time, Jeff Dean, Sanjay Ghemawat, Oriol Vinyals and Quoc Le are leaving Google to found the startup Discovery Loop, intensifying competition for AI talent. The reshuffle coincides with the delayed release of Gemini 4 and is weighing on Alphabet’s stock; investors are now watching the pace and outcomes of the reorganization. » Altro su finanzen.net