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hippyboy
07-14 10:00

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Movement Alert｜Marvell Technology Falls 3.97% in Regular Trading, SK Hynix Profit-Taking Wave Drags Down Semiconductor Sector

On July 13, Marvell Technology fell 3.97% in regular trading, trading at approximately $220.87/share, with turnover of $6.26 billion. The decline was driven by a broad selloff across the...

Movement Alert｜Marvell Technology Falls 3.97% in Regular Trading, SK Hynix Profit-Taking Wave Drags Down Semiconductor Sector

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The decline was driven by a broad selloff across the...","content":"<p><p>On July 13, Marvell Technology fell 3.97% in regular trading, trading at approximately $220.87/share, with turnover of $6.26 billion. The decline was driven by a broad selloff across the semiconductor and memory sectors triggered by massive profit-taking in SK Hynix.</p><p>On the news front, SK Hynix's Korean-listed shares plunged over 15%, marking its largest single-day decline on record, after investors rushed to lock in gains following the chipmaker's Nasdaq ADR debut which had sparked a price surge. The selloff rippled across the global semiconductor and memory sectors. In U.S. trading, Intel and ARM fell over 5%, Marvell Technology and ON Semiconductor dropped over 4%, and AMD declined over 3%. Memory stocks were hit hardest, with SK Hynix down over 7%, SanDisk and Western Digital falling over 6%, and Micron Technology sliding over 5%.</p><p>The broader market reflected the pressure, with the Nasdaq Composite opening down 0.70% while the Dow Jones edged up 0.06%, indicating concentrated selling in technology-heavy names amid the sector rotation.</p><p>(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. 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The decline was driven by a broad selloff across the semiconductor and memory sectors triggered by massive profit-taking in SK Hynix.</p><p>On the news front, SK Hynix's Korean-listed shares plunged over 15%, marking its largest single-day decline on record, after investors rushed to lock in gains following the chipmaker's Nasdaq ADR debut which had sparked a price surge. The selloff rippled across the global semiconductor and memory sectors. In U.S. trading, Intel and ARM fell over 5%, Marvell Technology and ON Semiconductor dropped over 4%, and AMD declined over 3%. Memory stocks were hit hardest, with SK Hynix down over 7%, SanDisk and Western Digital falling over 6%, and Micron Technology sliding over 5%.</p><p>The broader market reflected the pressure, with the Nasdaq Composite opening down 0.70% while the Dow Jones edged up 0.06%, indicating concentrated selling in technology-heavy names amid the sector rotation.</p><p>(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.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRVL":"迈威尔科技"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108605158","content_text":"On July 13, Marvell Technology fell 3.97% in regular trading, trading at approximately $220.87/share, with turnover of $6.26 billion. The decline was driven by a broad selloff across the semiconductor and memory sectors triggered by massive profit-taking in SK Hynix.On the news front, SK Hynix's Korean-listed shares plunged over 15%, marking its largest single-day decline on record, after investors rushed to lock in gains following the chipmaker's Nasdaq ADR debut which had sparked a price surge. The selloff rippled across the global semiconductor and memory sectors. In U.S. trading, Intel and ARM fell over 5%, Marvell Technology and ON Semiconductor dropped over 4%, and AMD declined over 3%. Memory stocks were hit hardest, with SK Hynix down over 7%, SanDisk and Western Digital falling over 6%, and Micron Technology sliding over 5%.The broader market reflected the pressure, with the Nasdaq Composite opening down 0.70% while the Dow Jones edged up 0.06%, indicating concentrated selling in technology-heavy names amid the sector rotation.(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. 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