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16.07.26 - 18:12
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Marvell Drops 8% as AI Capex Slowdown Fears Weigh on Chips; Broadcom, AMD, and Intel Slide (24/7 Wall St.)
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Shares of Marvell Technology (NASDAQ:MRVL) are down 8% to $189 in Thursday midday trading, extending a sharp semiconductor selloff into a second straight session. Marvell shares have now given back 31% over the past month. The move is dragging the AI-silicon complex lower with it. Broadcom (NASDAQ:AVGO) stock is off 3% to $381, Advanced Micro ... Marvell Drops 8% as AI Capex Slowdown Fears Weigh on Chips; Broadcom, AMD, and Intel Slide...
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