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Chips

🔥 Google Promised Marvell $120 Billion in Chips. The Stock Fell 7% the Day It Beat Earnings.

Google's custom-chip deal could hand Marvell up to $120 billion in revenue. So why did the stock drop 7% on record earnings? The payoff doesn't land until fiscal 2029.

🔥 Groq Raised $350 Million at $3.5 Billion — Half Its Peak, Eight Months After Nvidia Took Its Founder

Groq raised $350M at a $3.5B valuation — half its $6.9B peak — after Nvidia licensed its tech and hired its founder. Inside the AI inference chip-maker's cloud pivot.

Semiconductors

🔥 Intel Just Sold $20 Billion of Stock at $95 a Share — a Year After the Government Paid $20.47

Intel just sold $20 billion of stock at $95 a share — a year after the U.S. government bought in at $20.47. Inside the raise, the comeback bet, and the catch.