News US
Marvell Stock Down As Microsoft Mulls Switch To Broadcom For Custom Chips

Broadcom (AVGO) stock rose and Marvell Technology (MRVL) stock fell Monday on a disputed report that Microsoft (MSFT) is in talks to move its custom chip business. The Information reported late Friday that Microsoft is in discussions with Broadcom to design future custom chips, which would be a move away from its alliance with Marvell. On Monday, Benchmark analyst Cody…




