Movement Alert｜Marvell Technology Declines 3.43% Overnight, Trading at $226.9

Market Focus09-14 08:05

On September 14, Marvell Technology fell 3.43% overnight, trading at $226.9 per share, with turnover of $3.94 million.

Within the Semiconductors sector where Marvell Technology belongs, stocks broadly weakened. Among individual stocks, Micron Technology down 3.89%, Intel down 3.87%, Advanced Micro Devices down 2.52%, Broadcom down 1.54%, NVIDIA down 1.51%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Guavaxf3006
    09-14 09:02
    Guavaxf3006
    It is not surprising to see this happen today. After Anthropic CEO, and supported by Musk AND Altman, saying that we need to slow down AI development.  I mean, both Musk and Altman agreeing on something? Seriously? What this may mean is the hypers will pause investments, meaning give less CAPEX buys. And this will hit those stocks which supply into this trade hugely. Especially as valuations are all the way past the moon already. Wednesday may be the nail that seals it. And September may turn out to be another bear month.
Leave a comment
1
1