nygazet.com logo

Marvell Technology Stock Plunges 18.6% as Weak Outlook Overshadows AI Gains

Marvell Technology Stock Plunges 18.6% as Weak Outlook Overshadows AI Gains
business8/31/2025

Marvell Technology ($MRVL) shares crashed 18.60% on Friday after the company issued a weaker-than-expected forecast for the third quarter. The sharp decline came de...

Marvell Technology (MRVL) shares crashed 18.60% on Friday after the company issued a weaker-than-expected forecast for the third quarter. The sharp decline came despite second-quarter results showing strong growth in revenue, steady profits, and earn... [2859 chars]