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.
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 ...
Marvell’s latest earnings beat Wall Street’s estimates, but the company’s outlook was roughly in line with expectations.
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The chipmaker fell sharply early Thursday as its slight earnings outlook failed to impress investors looking for a boost to ...
Marvell beat expectations with its latest quarterly results and outlook, but that wasn’t enough to lift the stock.
Despite topping those key guidance metrics, Marvell’s stock fell more than 15% after-hours. This year, investors have been ...
The hardest thing about making custom AI chips for large, demanding customers might be the expectations that go with it.
Broadcom's shares soared 12% in premarket trading on Friday as the chipmaker's strong revenue forecast helped restore some ...
Perhaps the most surprising part of Marvell Technology 's earnings is that it didn’t surprise investors. The AI semiconductor ...
Marvell Technology (MRVL) stock plunged about 15% in Wednesday’s extended trading session despite the chipmaker’s better-than ...
Nvidia Corp.’s stock was among the many semiconductor stocks moving lower in Thursday morning action, in the wake of Marvell ...
Marvell Technology shares fell sharply lower in early Thursday trading following a solid, but unsurprising, set of fourth ...
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