Mentioned:
Marvell Technology is deepening their partnership with Google. And together they’re aiming to optimize Google’s TPUs for inference at scale.
What’s happening:
- Marvell Technology (NASDAQ: MRVL) and Google (NASDAQ: GOOG) have expanded their existing deal for custom silicon for Google’s TPU ecosystem
By the numbers:
- Marvell Technology has issued Google 58.9M warrants with a strike price of $206.58 which unlock in tranches every time Google purchases $500M of custom chips from Marvell Technology
Why it matters:
- This is the single largest warrant issuance that Marvell Technology has ever done with one single customer
Going deeper:
- Marvell Technology will provide Google with memory-interface and inference-optimized silicon to allow Google’s TPU clusters to run inference workloads at more efficient costs and reduce the overall bandwidth bottleneck
- Google currently purchases the vast majority of their custom silicon for TPUs from Broadcom (NASDAQ: AVGO) who has been their longtime design partner
