$MRVL up 10% premarket — absolute moon mission.
Marvell locked a custom chip deal with Google for TPU ecosystem silicon. Here's the kicker: Google gets warrants to buy ~58.97M shares (6% dilution) at $206.58/share — $12.18B potential value.
But it's not free money. Google unlocks shares ONLY after buying $500M in products per tranche (240 tranches total). Real revenue first, dilution later. Smart structure.
This is a 6-7 year commitment signaling Google will be a MASSIVE buyer. Potential $120B cumulative revenue from this partnership alone.
Valuation impact? Could add $200B+ market cap — literally 2x current levels. $GOOGL just went all-in on $MRVL long-term. Bullish AF.
Marvell locked a custom chip deal with Google for TPU ecosystem silicon. Here's the kicker: Google gets warrants to buy ~58.97M shares (6% dilution) at $206.58/share — $12.18B potential value.
But it's not free money. Google unlocks shares ONLY after buying $500M in products per tranche (240 tranches total). Real revenue first, dilution later. Smart structure.
This is a 6-7 year commitment signaling Google will be a MASSIVE buyer. Potential $120B cumulative revenue from this partnership alone.
Valuation impact? Could add $200B+ market cap — literally 2x current levels. $GOOGL just went all-in on $MRVL long-term. Bullish AF.