MRVL
NASDAQ · Semiconductors
Marvell Technology Inc
$307.86
-2.72 (-0.88%)
MRVL News30 articles
Marvell's S&P 500 Debut Ends Lower Despite AI-Driven Rally
Marvell Technology shares dropped 0.9% in their S&P 500 debut, closing at $307.86, despite a 262% YTD rally driven by AI infrastructure demand. Analysts' price targets remain below the current level.
Coherent Surges 9% on AI Optics Demand, CHIPS Act Signals Indium Phosphide Boost
Coherent shares rose 9.2% to $425.38 on a CHIPS Act letter for up to $50M to expand indium phosphide capacity in Texas, highlighting AI data center supply chain concerns amid China's export checks.
Broadcom's Google AI Deal Gains JPMorgan Backing Amid Stock Dip
Broadcom shares slid to $396.72 as JPMorgan defended its Google AI chip contract, but concerns over customer concentration and a broader AI stock reset persist.
Marvell Technology Joins S&P 500 Amid AI Networking Surge, Trading at 106x Earnings
Marvell Technology (MRVL) joins the S&P 500, closing up 7.27% at $310.58, as AI networking demand and index inclusion fuel a valuation re-rating to 106x trailing earnings.
Marvell Technology Set to Enter S&P 500, Powered by AI Growth
Marvell Technology surges 11% ahead of its S&P 500 entry on June 22, fueled by a KeyBanc price target increase and a milestone shipment of optical chips for AI data centers.
Marvell Technology Set to Join S&P 500 After Strong Rally and KeyBanc Upgrade
Marvell Technology (MRVL) jumps 7.27% to $310.58 ahead of its S&P 500 entry on June 22, boosted by a KeyBanc upgrade to $385 and news of over five million photonic ICs shipped for AI data centers.
Astera Labs Surges Ahead of Nasdaq-100 Debut, Valuation Raises Questions
Astera Labs shares surged to a record $417.07 ahead of its Nasdaq-100 inclusion, but the stock trades far above the average analyst target of $244.97.
Wall Street Rebounds on Chip Surge, Iran Deal; Fed Risks Remain
U.S. stocks ended higher Thursday as chip stocks surged on an Apple-Intel deal and an interim U.S.-Iran deal eased inflation worries, though Fed rate hike risks remain.
Marvell Technology Surges on AI Networking Demand and S&P 500 Inclusion
Marvell Technology shares jumped 7.27% to $310.58 following a KeyBanc price target increase and a Tower Semiconductor photonics milestone, with the upcoming S&P 500 inclusion driving investor interest.
Flex to Join S&P 500, Spin-Off in Focus
Flex (FLEX) is set to join the S&P 500, with index funds adjusting holdings. The planned AI data-center spin-off remains in focus, subject to regulatory approvals.
Flex Jumps 3% on S&P 500 Inclusion as AI Data Center Focus Boosts Appeal
Flex shares rose 3% to $147.61 as investors positioned for its S&P 500 debut, highlighting its AI data center focus and planned cloud spin-off.
Marvell Soars on Amazon AI Chip Expansion, S&P 500 Entry
Marvell Technology jumped 7.27% on reports Amazon Web Services may sell its Trainium AI chips to third parties, boosting Marvell's networking prospects. KeyBanc raised its price target to $385, and Marvell joins the S&P 500 on June 22.
Corning Rallies 10% on AI Data Center Fiber Deals
Corning stock jumped 10.3% to $193.45 on AI data center fiber deals with Amazon and Nvidia. Q1 core sales rose 18% to $4.35 billion, but valuation risks remain.
Chip Stocks Rally on Apple-Intel Deal, Oil Drop Offsets Fed Hawkish Tone
Chip stocks rallied on Apple-Intel partnership news, lifting the Nasdaq 1.04%. Oil prices slid after a US-Iran deal, offsetting the Fed's hawkish signals.
Dow Rises on Chip Rally as Oil Slips; Fed Rate Outlook Clouds Gains
The Dow gained 0.39% as chip stocks rallied on Intel's Apple deal and oil prices fell, but Fed rate concerns lingered with a 50% chance of a September hike.
Intel Jumps on Trump's Apple Chip Partnership Claim
Intel shares surged over 7% premarket to a record $129.84 after Trump said Apple will partner with Intel for US chip design and production, though neither company has confirmed the deal.
Futures Advance on Tech Rebound; Intel Surges on Apple Deal
U.S. stock futures rose Thursday, led by a tech rebound as Intel surged 9.3% after Trump announced Apple will partner with Intel for U.S. chip design and manufacturing.
G7 Leaders Debate AI Model Access Amid OpenAI's $1T IPO Plan and Rising China Competition
G7 leaders debate AI model access as OpenAI files for a $1T IPO. Anthropic restricts models, China boosts local AI, and cybersecurity deals surge.
Marvell Technology Shares Rebound Ahead of S&P 500 Inclusion Amid AI Chip Demand
Marvell Technology shares rose 2.6% premarket ahead of its S&P 500 debut on June 22, recovering from a 9.8% drop. The chipmaker's AI-driven revenue growth and insider sales are key factors.
Marvell Surges on AI Demand, Analyst Upgrade, and S&P 500 Inclusion
Marvell Technology shares surged 10.43% to $308.88, driven by AI demand, a price target hike to $350 from GF Securities, and its upcoming addition to the S&P 500.
Marvell Technology Surges on S&P 500 Addition and AI Chip Demand
Marvell Technology surged 9% to $305 on S&P 500 inclusion and AI chip demand. The stock trades at over 100 times earnings with a $235.70 average price target.
VanEck Semiconductor ETF Hits New Peak as AI Chip Stocks Rally
SMH surged to a new high of $646.27 as AI chip stocks rallied, with Lam Research, Marvell, and ASML leading the gains. The ETF is up 72% year-to-date.
Wall Street Hits New Highs as Iran Deal Sends Oil Tumbling; Fed in Focus
U.S. stocks hit fresh records Monday after a U.S.-Iran agreement sent oil prices crashing 5%, lifting airlines and tech while dragging energy stocks. The Fed's June 16-17 meeting is the next catalyst.
AI Chip Stocks Surge as Oil Drop Boosts Airlines
U.S. stock futures rose as a U.S.-Iran deal sent oil to a three-month low, lifting AI chip stocks and airlines. Nvidia, Micron, and Marvell gained, while Delta and United surged over 4%.
US Stock Futures Rally on Iran Deal Hopes, Oil Tumbles Ahead of Fed
US stock futures climbed Monday as a tentative US-Iran agreement calmed oil shock worries, sending crude prices down sharply. The Dow rose 457 points, while Nasdaq 100 jumped 2.1%.
Wall Street Futures Rally on Oil Plunge After US-Iran Deal; Fed Decision Looms
Dow futures surged 480 points and oil plunged over 4% after a preliminary US-Iran deal eased geopolitical risks. Tech and travel stocks rallied, but markets await the Fed's decision on Wednesday.
Marvell Technology Nears Record Highs on S&P 500 Entry and AI Demand
Marvell Technology (MRVL) closed at $279.70, down 0.36%, as investors anticipate its S&P 500 inclusion before June 22. Despite strong AI-driven revenue growth, valuation concerns persist with shares trading at 96 times earnings.
Citi Upgrade and SK Hynix Nasdaq Plans Lift AI Chip Sector
AMD jumped 4.7% after a Citi upgrade, while SK Hynix's potential Nasdaq listing spotlighted AI memory. Nvidia was flat, and Broadcom fell despite record AI revenue.
Marvell Technology Slips After Surge; AI Narrative and S&P 500 Entry Remain Key
Marvell Technology shares slipped 1.7% premarket after an 11% surge, as the company's AI narrative and upcoming S&P 500 inclusion remain key catalysts.
Marvell Technology Surges 11% on S&P 500 Inclusion, CFO Change, AI Growth
Marvell Technology shares soared 11% as the company announced a CFO change, reaffirmed Q2 outlook, and highlighted its upcoming S&P 500 inclusion and booming AI data-center revenue.