Marvell Stock Jumps Overnight On Buzz Of Custom Google AI Chip Talks: Retail Bulls Cheer Loudly

• Marvell shares jumped 10% in the overnight session.
• Marvell will make custom chips for Google; the search giant has previously purchased off-the-shelf data center chips from Marvell.
• Semiconductor stocks, led by Intel, AMD and memory chip firms, have climbed sharply so far in April.

Marvell Technology Inc.’s shares jumped nearly 8% in the overnight session heading into Monday, with the ticker trending among the top five on Stocktwits, after reports of talks of a major tie-up with Google.

Google is reportedly in discussions with Marvell to develop two chips aimed at improving the efficiency of AI model operations, according to a Sunday report by The Information, citing two people with direct knowledge of the discussions.

One of the chips is said to be a memory-focused processor that would complement Google’s existing tensor processing units (TPUs), while the other is a next-generation TPU tailored specifically for AI inference workloads.

While Google has bought data center chips from Marvell before, those purchases were off-the-shelf, whereas the current discussions aim to design semiconductors exclusively for Google’s needs, according to the report.

AI Industry Eyes Custom Inference Chips

The development highlights the growing need for inference chips that power real-world AI applications, including autonomous agents and other commercial systems.

At its March GTC event, Nvidia unveiled a new inference-focused chip – dubbed a language processing unit – built using technology licensed from startup Groq in a $20 billion deal.

Google has been pushing to make its TPUs a viable alternative to Nvidia's dominant GPUs, and their sales have become a key driver of growth in Alphabet’s cloud revenue, according to a Reuters report.

Like its chipmaking peers, Marvell has surged sharply this month, jumping 41%. In March, the company projected nearly 40% revenue growth in fiscal 2028 to around $15 billion – well above the $12.92 billion analyst consensus from LSEG – while also nudging up its fiscal 2027 outlook.

Retail View On MRVL

On Stocktwits, the retail sentiment for MRVL remained ‘bullish,’ unchanged since Friday, while the message volume for the ticker rose 85% in the last 24 hours.

“Yes! This is great news and probably accounts for Friday's ramp. Very nice. Curb your enthusiasm though as taco digs his heal [sic] in with Iran. Markets definitely tamped tomorrow. Patience,” a user remarked, referring to the market trader acronym of “Trump Always Chickens Out.”

“Can't believe I'm in on this at $87 a share. Beating myself up for not buying more!” posted another.

MRVL stock is up 64.5% year-to-date. Alphabet shares, which were down nearly 1% in the overnight session, have gained 9.2% in 2026.

For updates and corrections, email newsroom[at]stocktwits[dot]com.