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 ...
The chipmaker fell sharply early Thursday as its slight earnings outlook failed to impress investors looking for a boost to ...
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
Marvell beat expectations with its latest quarterly results and outlook, but that wasn’t enough to lift the stock.
Nvidia sells the lion’s share of the parallel compute underpinning AI training, and it has a very large – and probably ...
Broadcom's shares soared 12% in premarket trading on Friday as the chipmaker's strong revenue forecast helped restore some ...
We recently compiled a list of the 10 Stocks Drop Double Digits as Investor Caution Lingers. In this article, we are going to ...
Marvell Technology has demonstrated its first 2-nm silicon IP, enhancing the performance and efficiency of AI and cloud ...
The hardest thing about making custom AI chips for large, demanding customers might be the expectations that go with it.
Nvidia Corp.’s stock was among the many semiconductor stocks moving lower in Thursday morning action, in the wake of Marvell ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback