Marvell shares fell 20% to close at $72.28 in New York trading on Thursday, their biggest single-day decline since Sept. 27, 2001. The drop left the stock down 35% in 2025.
Marvell's strength in this area was seen in Q4, with its data center revenue surging 78% year over year in the quarter to $1.37 billion. The company credited strong demand for its electro-optics ...
The technicals are highly bearish, but that's what you would expect after the recent plunge in Marvell stock. Despite a very negative reaction, I find Q4 results to be robust and Q1 guidance to be ...
The move: Semiconductor manufacturer Marvell Technology fell nearly 18% Thursday morning, dropping to $73.94. The plunge extends a year-to-date loss of around 34.5%. Why: While Marvell's fiscal ...
Marvell’s fiscal fourth-quarter results came in line with management guidance ranges. Revenue rose 27% year over year to $1.82 billion. April-quarter guidance implies another quarter of strong ...
Nvidia Corp.’s stock was among the many semiconductor stocks moving lower in Thursday morning action, in the wake of Marvell Technology Inc.’s earnings report which has put a further dent in ...
Marvell Technology's growth is driven by strong demand for AI chips, custom ASICs, and electro-optics products, with new hyperscaler developments driving future growth. The Company has an ...
Marvell was set to lose $15 billion in market value, with its shares on track for their worst day in more than two decades. Shares rose more than 83% in 2024, but have declined about 18% so far ...
Marvell Technology shares are trading lower by 2.7% during Thursday’s session. The stock is trading lower following Nvidia’s strong earnings report. Join Nic Chahine live on Wednesday, March ...
Bank of America Securities published new bullish coverage on Marvell stock this morning. Bank of America has a one-year price target of $150 per share and a buy rating on Marvell. Marvell will ...
Marvell is tied to the data center market as it provides networking chips, connectivity solutions, and data storage controllers. As such, it has been benefiting from the AI infrastructure buildout ...
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