Marvell Technology shares plummeted more than 17% after the chipmaker’s guidance fell short of some elevated buyside estimates.
Nvidia stock dropped more than 3% early Thursday, leading other chipmakers down as fears over AI demand continued to weigh on the stocks.
Marvell Technology (MRVL) is tumbling 17% after the chip maker reported mixed fiscal fourth-quarter results and provided Q1 ...
Chip stocks were struggling on Thursday following the latest earnings report from Marvell Technology. In a pattern that [has become all too familiar for semiconductor investors]( ...
The hardest thing about making custom AI chips for large, demanding customers might be the expectations that go with it.
Nvidia (NVDA) and other chip stocks fell in early trading Thursday as the artificial intelligence trade faltered. Shares of the AI chipmaker were down more than 2% in recent trading. Advanced Micro ...
US stocks plummeted early Thursday after downbeat earnings from Marvell (MRVL) and Macy's (M), as investors continued to ...
Wall Street's main indexes fell, driven by a decline in chip stocks as Marvell's forecast raised concerns about slowing ...
The market keeps a close eye on upcoming earnings announcements and policy changes that might substantially affect sector ...
And back down goes Wall Street. U.S. stocks are resuming their slide Thursday, led by the market’s AI superstars that are now ...
Marvell Technology failed to meet Wall Street's lofty "whisper number" with its sales guidance, disappointing many MRVL stock ...