MRVL
NASDAQ · Semiconductors
Marvell Technology Inc
$261.94
+2.99 (+1.15%)
MRVL News30 articles
Marvell Stock Plunges 7.9% as AI Spending Concerns Rattle Chip Sector
Marvell shares fell 7.9% premarket as AI spending concerns mount. Despite record Q2 revenue and raised outlook, investors worry about future growth.
Marvell's Bull Case Awaits Clarity at October Investor Day
Marvell (MRVL) rose 4% to $236.10 after Piper Sandler initiated with a $270 target. The next catalyst is Oct. 6 investor day, where management must show how AI-driven growth can persist.
Broadcom Stock Slips 2.7% as AI Optimism Meets Guidance Reality
Broadcom shares dropped 2.7% as its Q4 revenue outlook fell short of consensus, raising questions about its AI-driven valuation despite strong Q3 results.
Credo Plunges 20% on Valuation Worries Despite Record Revenue
Credo Technology shares tumbled 20% on Wednesday despite record revenue, as investors balked at a rich valuation and declining GAAP margins. Analysts remain bullish, but concentration risk looms.
Nvidia Advances 4% on $3.5B MediaTek Bet, AI Demand Surge
Nvidia (NVDA) shares jumped 4% to $226.17 after a $3.5 billion MediaTek investment, reinforcing its AI push. Q3 revenue guidance of $108 billion and a 74% gross margin outlook underpin the move.
Fidelity's FDTX Dips After Fee Increase, Active vs. Passive Debate Heats Up
Fidelity's Disruptive Technology ETF (FDTX) fell 0.2% after a fee increase, even as it posted a 42% YTD gain. The active fund's higher costs are under scrutiny against passive rivals.
Marvell Stock Plunges 10% as Google AI Revenue Slips to Fiscal 2029
Marvell Technology (MRVL) shares dropped 10.3% on Friday, wiping out $22 billion in market value after the company indicated that revenue from its Google partnership would not ramp until fiscal 2029.
Marvell Tumbles 10% on Google AI Chip Revenue Deferral
Marvell shares dropped 10.3% on Friday despite record quarterly revenue, as investors focused on the delayed Google AI chip revenue timeline to fiscal 2029.
Marvell Tumbles 10% as Investors Eye Delayed Google AI Revenue
Marvell (MRVL) shares dropped 10.3% despite record Q2 revenue, as investors focused on the delayed timeline for Google custom AI chip revenue, now expected in fiscal 2029.
Intel Stock Slides as $20B Share Sale Trades Below Offer Price
Intel shares dropped 2.85% to $89.47, closing below the $95 offer price of its $20 billion share sale, as investors assess dilution and growth outlook.
Marvell Stock Plunges 10% as AI Revenue Timing Draws Investor Ire
Marvell shares dropped 10.3% to $216.62 despite record revenue, as investors focused on margin compression and delayed Google AI chip revenue until fiscal 2029.
Tech Selloff Eases in After-Hours as Index ETFs Hold Steady
U.S. equities closed lower on Friday, with tech leading declines. After-hours trading was quiet, with index ETFs stable. Marvell, Nvidia, and Intel dropped.
Intel Stock Dips 2.8% as $20B Foundry Push Faces Market Test
Intel shares slipped 2.8% to $89.47, trading below its $95 equity offering price, as its $20 billion foundry investment faces early market scrutiny.
Marvell Stock Slides 6.9% as Google AI Revenue Shift Delays Boost to 2029
Marvell shares dropped 6.9% premarket after Google's AI revenue timeline pushed significant gains to fiscal 2029, despite record Q2 revenue.
Marvell Stock Slips 7.8% Despite Upbeat Revenue Forecast
Marvell (MRVL) dropped 7.8% in overnight trading despite raising revenue targets, as investors focused on delayed Google revenue. Other tech movers included Elastic (ESTC) and Rubrik (RBRK).
Marvell's AI Surge Fails to Impress as Shares Dip 7.6%
Marvell's record Q2 revenue of $2.74B and strong AI growth couldn't prevent a 7.6% after-hours selloff, as investors focused on softer margin guidance.
Nvidia and AI Peers Sustain Overnight Gains as Futures Point Higher
AI earnings momentum persisted into the overnight session, with Salesforce up 13%, CrowdStrike 10.5%, and Nvidia 4.7%, as futures pointed to a higher open.
Marvell Stock Surges on AI Optimism Ahead of Earnings
Marvell shares rose 3.6% in after-hours trading as Nvidia's strong outlook boosted AI sentiment. Options market anticipates a $22 billion swing ahead of Thursday's earnings report.
Marvell Stock Climbs 4.8% as Analysts Raise Targets Ahead of Q2 Earnings
Marvell shares gained 4.8% to $240.38 after analysts raised targets ahead of Q2 earnings. Options imply ~10% move as Google warrant vesting tied to $120B sales.
Marvell Stock Surges 5% as Analysts Lift Targets Ahead of Q2 Report
Marvell shares climbed 5% after analysts raised price targets, with options pricing a 10.6% earnings swing ahead of Thursday's report.
Nasdaq Falls 0.6% as AI Concentration Worries Weigh on Tech Stocks
Nasdaq slipped 0.6% as declining stocks outpaced advancers 1.51-to-1, highlighting AI sector concentration concerns. Chip stocks fell ahead of Nvidia earnings.
Micron Slips as Samsung's Payout Plan Falls Short, Exposing Crowded Memory Bets
Micron shares dropped 3% premarket after Samsung's dividend news disappointed, exposing crowded memory trades. Analysts still see upside, but NAND supply risks loom.
Alibaba's $10B AI Fundraise Rattles Overnight Trade; Chip Stocks Slide
Alibaba's $10.2B AI placement weighs on ADRs overnight, joining a memory-chip selloff. Futures flat ahead of Nvidia earnings.
Marvell Surges $12B on Google AI Chip Deal, But $120B Hurdle Looms
Marvell shares climbed 5.8% on a Google warrant agreement, adding $12B in market value. However, most shares vest only if Google purchases up to $120B in custom chips.
Broadcom Tumbles $87B as Google Expands Custom Chip Deal with Marvell
Broadcom lost $87 billion in market value after Google expanded its custom chip partnership with Marvell, while Marvell surged nearly 10%.
AMD Stock Slips 3.7% as Efficiency Gains Face Steep Valuation
AMD shares dropped 3.7% as its 4x AI efficiency forecast collides with a 119.7x P/E ratio. Data center revenue surged 107% in Q2.
S&P 500 Recovers Most of Tuesday's Loss, Healthcare Leads as Tech Lags
The S&P 500 bounced back on Wednesday, recovering most of Tuesday's decline, but leadership shifted to healthcare as technology remained flat.
Chip ETF Slips as Marvell-Broadcom Deal Talks Collapse
The VanEck Semiconductor ETF (SMH) dropped 1.2% after Marvell and Broadcom ended merger talks, triggering a broader chip selloff despite gains in the S&P 500.
Broadcom Slips as Google Expands Chip Supplier Roster Amid $370B AI Financing
Broadcom shares dropped 2% premarket after Google expanded its custom-chip suppliers to include Marvell, while a $370B AI financing estimate highlights scale and competition.
Marvell Stock Jumps 7.5% to $238.72, Adding $14.6B in Value Ahead of Earnings
Marvell Technology shares surged 7.5% to $238.72, adding $14.6 billion in market value ahead of its earnings report, driven by AI networking demand.