Marvell Technology stock fell sharply after the company posted slightly better-than-expected earnings.For its fiscal fourth quarter ending in January, the company reported revenue of $1.82 billion versus the Wall Street consensus of $1.

Marvell Technology’s (MRVL) stock is down 15% after the company posted financial results that were only slightly better than Wall Street

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 the artificial-intelligence trade.

Nvidia stock was slipping in Thursday trading as the chip maker struggles against a downbeat mood on Wall Street.Nvidia shares were down 1.9% at $115.11. The stock rose 1.1% on Wednesday.Nvidia has only slightly rebounded from six-month lows reached earlier in the week in the wake of the Trump administration’s imposition of levies on imports from Mexico,

Chipmaker Marvell Technology Inc. delivered better-than-expected results and guidance in its latest financial report today, but investors were decidedly unimpressed, and its stock fell hard in the after-hours trading session.