Marvell's shares end worst day in 24 years as tepid revenue forecast reignites AI spending fears
Marvell Technology's shares closed down 19.8%, marking their worst day in more than two decades and weighing on rival chipmakers' stocks on Thursday, after an in-line revenue forecast gave investors another reason to be jittery about spending on AI infrastructure as a years-long rally shows signs of cooling.
Marvell Technology shares plummeted more than 18% after the chipmaker's guidance fell short of some higher buyside estimates.
The chipmaker fell sharply early Thursday as its slight earnings outlook failed to impress investors looking for a boost to ...
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Marvell Technology (NASDAQ:MRVL – Free Report) had its price objective trimmed by Needham & Company LLC from $120.00 to ...
Nvidia sells the lion’s share of the parallel compute underpinning AI training, and it has a very large – and probably ...
Marvell Technology (MRVL) stock plunged about 15% in Wednesday’s extended trading session despite the chipmaker’s better-than ...
Marvell Technology, Inc. (NASDAQ:MRVL – Get Free Report) shares were down 4.4% on Friday after Stifel Nicolaus lowered their ...
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Nvidia Corp.’s stock was among the many semiconductor stocks moving lower in Thursday morning action, in the wake of Marvell ...
Marvell Technology reported fiscal fourth-quarter results that beat analysts’ expectations, but shares tumbled in extended trading as its outlook failed to impress.
Marvell Technology beat analysts' Q4 2025 earnings and revenue estimates, driven by robust data center growth.
Marvell reported adjusted earnings per share of 60 cents, topping the analyst consensus estimate of 59 cents. Revenue grew 27 ...
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