Previous Close | 24.65 |
Open | 23.75 |
Bid | 22.90 |
Ask | 23.20 |
Strike | 30.00 |
Expire Date | 2023-12-15 |
Day's Range | 22.80 - 23.75 |
Contract Range | N/A |
Volume | |
Open Interest | 75 |
The rumor mill in the semiconductor world recently fired up, with suggestions that Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) big Google business might be looking to part ways with Broadcom (NASDAQ: AVGO). Google denied such claims, saying Broadcom was an excellent partner on a custom compute offload project: Google TPUs (tensor processing units) and related networking chips. First, a little background on custom chip designs, also known as application-specific integrated circuits (ASICs).
Marvell Technology (NASDAQ: MRVL) and Texas Instruments (NASDAQ: TXN) (TI) are both well-diversified chipmakers that serve a wide range of markets. Let's see why that happened, and if Marvell will continue to outperform TI for the foreseeable future. TI is an integrated device manufacturer (IDM) that produces its own chips.
The share prices of these companies could get a big boost thanks to the booming demand for AI chips.