
AMD’s $6.5M Marvell stake signals AI infrastructure bet

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AMD has made a $6.5 million investment in Marvell, acquiring 65,516 shares at approximately $99 each. Following a surge in Marvell's stock, AMD's stake value has risen to about $11.46 million, indicating significant unrealized gains. This investment is part of AMD's strategy in the AI ecosystem, aligning with Nvidia's $2 billion deal with Marvell.

