Altera, the programmable chip maker spun out of Intel, is growing roughly 20% annually and more than doubling operating income as it prepares for an eventual public listing, CEO Raghib Hussain said. T…
Tower Semiconductor and Marvell Technology have shipped over five million photonic integrated circuits for AI data center interconnects, marking a shift from copper to light-based data transmission. T…
Nvidia has spent over $27 billion on investments, acquisitions, and partnerships with former rivals including Marvell, Intel, and Groq under CEO Jensen Huang's 'AI factory' strategy. The moves aim to …
Wall Street fell on Tuesday as semiconductor stocks slumped after Samsung's mixed earnings, with the Dow Jones down 0.3%, S&P 500 down 0.3%, and Nasdaq Composite down 0.7%. Investors rotated into defe…
Cantor Fitzgerald raised its price target on Marvell Technology to $300 from $220 on June 29, 2026, while maintaining a Neutral rating, citing a durable AI infrastructure buildout and supply constrain…
Ten stocks, led by Micron Technology, drove nearly all of the Nasdaq-100's 20% gain in the first half of 2026, with Micron alone contributing 26% of the index's returns after its stock quadrupled. The…
Wall Street ended lower on June 23, with the Nasdaq plunging 2.2% and the S&P 500 dropping 1.4%, as investors sold off semiconductor stocks amid concerns that hyperscaler AI spending may not generate …
Tech stocks tumbled Tuesday, dragging the Nasdaq down about 2%, as investors sold off shares of AI-related companies amid concerns over sky-high valuations, massive data-center spending, and geopoliti…
S&P Dow Jones Indices announced on June 5 that Marvell Technology will replace Campbell's in the S&P 500, effective June 22, as part of a quarterly rebalance that also adds Flex Ltd. and removes Pool …
Tower Semiconductor has shipped over 5 million coherent photonic integrated circuits to Marvell Technology for AI data center interconnect networks, marking a milestone in silicon photonics production…
Marvell Technology hired Adobe CFO Dan Durn, signaling a shift in investor focus from software to semiconductor companies in the AI era. Adobe shares fell 5% despite raising revenue guidance and tripl…
Adobe CFO Dan Durn is leaving the company effective June 15 to join Marvell Technology, triggering a 5% drop in Adobe shares during after-hours trading despite the company reporting stronger-than-expe…
Wall Street partially recovered from weekly losses Thursday, with the S&P 500 rising 0.3 percent and the Dow Jones Industrial Average gaining 313 points, as artificial-intelligence stocks rebounded af…
Wall Street clawed back losses on Monday after a sharp Friday sell-off hit AI-related stocks, with the S&P 500 rising 0.7% and the Nasdaq gaining 1.4%. Chip and memory makers led the rebound as Micron…
Marvell Technology Inc. and Flex Ltd. will join the S&P 500 later this month, replacing Pool Corp. and The Campbell’s Company in the index’s latest quarterly rebalance, S&P Dow Jones Indices announced…
The S&P 500 snapped a nine-week winning streak and the Nasdaq 100 suffered its worst day since April 2025 after a stronger-than-expected May jobs report sent yields spiking and slashed the implied odd…
Marvell Technology is poised for inclusion in the S&P 500 after its stock tripled in value in 2026, reaching a record close of $301.65 on June 4. The chipmaker, now valued between $254 billion and $26…
Marvell Technology surged approximately 30% in a single day after Nvidia CEO Jensen Huang identified the company as a potential "next trillion-dollar" player, highlighting the intense market focus on …
Marvell Technology unveiled a new AI-optimized switch silicon capable of 102.4 terabits per second, a breakthrough that positions the company to capture significant market share in the rapidly expandi…
Marvell Technology shares surged on June 2 after Nvidia CEO Jensen Huang highlighted the company's critical role in AI infrastructure during a keynote address. The stock rally reflected investor optim…