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’s latest earnings beat Wall Street’s estimates, but the company’s outlook was roughly in line with expectations.
Key Takeaways The S&P 500 dropped 1.8% on Thursday, March 6, 2025, as investors reacted to the back-and-forth surrounding U.S ...
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The chipmaker fell sharply early Thursday as its slight earnings outlook failed to impress investors looking for a boost to ...
We recently published a list of Top 10 AI Stocks Dominating the Market Right Now. In this article, we are going to take a ...
Marvell beat expectations with its latest quarterly results and outlook, but that wasn’t enough to lift the stock.
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We recently compiled a list of the 10 Stocks Drop Double Digits as Investor Caution Lingers. In this article, we are going to ...
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Why Marvell Technology (MRVL) Shares Are Falling TodayShares of networking chips designer Marvell Technology (NASDAQ: MRVL) fell 18.5% in the afternoon session after the company ...
Marvell Technology (MRVL) stock plunged about 15% in Wednesday’s extended trading session despite the chipmaker’s better-than ...
The hardest thing about making custom AI chips for large, demanding customers might be the expectations that go with it.
Marvell Technology shares fell sharply lower in early Thursday trading following a solid, but unsurprising, set of fourth ...
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