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Marvell (NASDAQ:MRVL), and Broadcom (NASDAQ:AVGO) are strategically positioned to capitalize on the AI chip market surge.

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Nvidia (NVDA) shares rose 2.7% in early trading on Tuesday as Mizuho upped its price target on the semiconductor giant. Read for more.

The talks highlight continued demand for Nvidia GPUs. A deal like this would also provide a boost for Amazon's AI business.