Changes in US stocks | Rumor has it that Microsoft and Broadcom are negotiating custom chip cooperation, Maiwell Technology (MRVL.US) plummeted by nearly 10%

The Zhitong Finance App learned that on Monday, Maywell Technology (MRVL.US) plummeted by nearly 10%, the biggest intraday decline since August 29, and is now reported at $89.82. According to the news, the report said that according to a person involved in the negotiations, Microsoft (MSFT.US) is in talks with Broadcom (AVGO.US) to cooperate in designing future custom chips. If the cooperation is reached, Microsoft will switch from the current custom chip supplier Maywell Technology to Broadcom. Meanwhile, two people involved in related negotiations said that Marvell has recently agreed to reduce the upfront engineering costs of some chip designs in order to secure more Meta business. Three other people involved in the development of the chip revealed that Meta plans to launch this custom chip in 2027.