Broadcom vs. Marvell: Broadcom Stock Is Still the Better Buy After Alphabet's Announcement

Shares of Marvell Technology (NASDAQ: MRVL) shot higher following the news this week that Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) would extend a partnership with Marvell related to its tensor processing units (TPUs). Meanwhile, Broadcom (NASDAQ: AVGO), which is Alphabet's main design partner for TPUs, saw its shares sink on the announcement.As part of the deal, Marvell will provide Alphabet with a variety of components within its TPU architecture. These include things like AI inference accelerators, storage controllers, network interface controllers (NICs), and near-memory compute. In return, Marvell has given Alphabet warrants to buy 58.97 million shares of its stock at a price of $206.65 per share. The warrants vest in tranches based on every $500 million the cloud computing and search giant spends with it. Despite the deal, Broadcom still looks like the better buy among these two semiconductor stocks.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool