[Google Secures Stock Purchase Rights Worth Up to $12.2 Billion from Marvell] Odaily Planet Daily News: Marvell Technology and Google have announced an expanded partnership in chip development and signed a stock purchase rights agreement, allowing Google to purchase Marvell stock in the future for approximately $12.2 billion. According to regulatory filings submitted by Marvell, Google can purchase up to 58,970,907 shares of Marvell stock at an exercise price of $206.58 per share. Approximately 1.4 million shares will vest quarterly during the first year following the agreement's signing, while the remaining shares will gradually unlock based on revenue performance from jointly developed products. From the third quarter of fiscal year 2027 to the end of fiscal year 2033, Google will receive corresponding stock purchase rights for every $500 million in revenue contributed by the related products. (Bloomberg)