Retail traders are shifting from the Magnificent Seven to AI infrastructure stocks, like SK Hynix and Marvell; five of the Mag Seven stocks trail the market YTD
Once the Magnificent Seven's most enthusiastic fans, they are looking elsewhere for the next superstar tech stocks
Micron and Sandisk led a tech selloff on June 23, falling 13%+ each; Western Digital fell 8%, Marvell 9%, Seagate 5%, Qualcomm 8%, and Applied Materials 8%
One analyst says investors are merely taking a ‘breather’ from buzzy tech stocks, following sharp year-to-date gains and ahead …
Adobe reports Q2 revenue up 13% YoY to $6.62B, vs. $6.46B est., and raises its annual forecasts; CFO Dan Durn is leaving for chipmaker Marvell; ADBE drops 5%+
Adobe (ADBE.O) raised its annual revenue and profit forecasts on Thursday, but the sudden exit of CFO Dan Durn added to concerns …
Adobe reports Q2 revenue up 13% YoY to $6.62B, vs. $6.46B est., and raises its annual forecasts; CFO Dan Durn is leaving for Marvell; ADBE drops 5%+ after hours
Adobe (ADBE.O) raised its annual revenue and profit forecasts on Thursday, but the sudden exit of CFO Dan Durn added to concerns …
Marvell and Flex, a contract manufacturer for electronics, will join the S&P 500; MRVL jumps 6%+ after hours after closing down 16.74% amid a broader sell-off
Marvell and Flex, a contract manufacturer for electronics, will join the S&P 500; MRVL jumps 6%+ after hours after closing down 16.74% amid a broader sell-off
- Marvell Technology, which makes parts and products needed for the AI infrastructure boom, is joining the S&P 500
Marvell's stock closed up 32.52% on June 2, its biggest one-day gain, after Jensen Huang called the US data center chipmaker the “next trillion-dollar company”
Nvidia's CEO Jensen Huang hailed Marvell Technology as the next trillion-dollar firm, sending its shares up 32% on Tuesday.
Marvell shares closed up 32.52% on Tuesday after Jensen Huang hailed the chipmaker as the “next trillion-dollar company” at Computex
Nvidia invests $2B in chipmaker Marvell and says the two companies plan to work on silicon photonics tech, enabling high-speed data transmission; MRVL jumps 9%+
Nvidia invests $2B in chipmaker Marvell and says the two companies plan to work on silicon photonics tech, enabling high-speed data transmission; MRVL jumps 9%+
Nvidia Corp. said it has invested $2 billion in Marvell Technology Inc. and that the two chipmakers plan to collaborate on silicon photonics technology.